- Properties
- Hessen
- Kreis Frankfurt (Main)
- Frankfurt (Main) - Höchst
- Investment opportunity: Apartment with a 4.7% return. Features: renovated 1.5-room apartment, fitted kitchen, and underground parking space.
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Investment opportunity: Apartment with a 4.7% return. Features: renovated 1.5-room apartment, fitted kitchen, and underground parking space.
65934 Frankfurt am Main (Nied) – HessenWell-maintained investment property with excellent potential: For sale is an approximately 51 m² one-and-a-half-room apartment located on the 7th floor of a very well-managed residential building in Frankfurt-Nied. The apartment features a well-designed layout and was comprehensively renovated in early 2021.
The apartment is let on a long-term and reliable lease. The current monthly base rent is €780 for the apartment, plus €65 for the associated underground parking space (total monthly base rent: €845). This corresponds to an attractive gross rental yield of approximately 4.7%.
Of particular note is the solid financial standing of the homeowners' association (reserve funds of approximately €573,000). A planned renovation of the building's plumbing system in 2026 has already been approved and is funded by the reserve funds, providing you, as the buyer, with technical security for the future without requiring any additional special assessments.
Are you interested in this apartment?
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Object Number
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OM-446748
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Object Class
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Apartment
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Object Type
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Apartment
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Is occupied
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Occupied
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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199.000 €
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Purchase additional costs
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approx. 14,980 €
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Total costs
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approx. 213,979 €
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Purchase price garage/parking space
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15,000 €
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HOA fee
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350 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 840€
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Details
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Condition
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Renovated
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Level
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Higher than 5th floor
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Usable area
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7 m²
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Bathrooms (number)
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1
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Number of underground garages
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1
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Flooring
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Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1964
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Equipment
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Balcony, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The apartment was renovated in the spring of 2021 and is presented in a modern condition:
- Kitchen: Modern fitted kitchen (2021) including all appliances.
- All water pipes and electrical wiring in the apartment have been replaced.
- Bathroom: Renovated shower room with high-quality fixtures and modern tiles (2021).
- Flooring: High-quality design vinyl flooring with a wood-look finish, as well as tiles in the bathroom and kitchen (2021).
- Balcony: Spacious outdoor area with unobstructed views to the south, featuring a new awning (2023).
- Windows: Double-glazed windows for good energy efficiency.
- Additional features: A private storage room (approximately 10 square meters) and a secure underground parking space are included.
In 2024, a new awning and a pigeon net were installed on the apartment's balcony.
Location
The Alzeyer Straße offers excellent infrastructure in the western part of Frankfurt.
- Mobility: The S-Bahn station "Frankfurt-Nied" and tram lines 11 and 21 are within a few minutes' walk.
- Ideal for commuters: Only about 10 minutes by car to the Höchst industrial park or Frankfurt Airport.
- The city center of Frankfurt is only about 10-15 minutes away by car.
- Local amenities: A supermarket (Nahkauf) is located nearby. Pharmacies, doctors, and other shopping options are within walking distance.
- Leisure: The nearby Nidda riverbank offers opportunities for walks and outdoor activities.
Location Check
Energy
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Energy efficiency class
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E
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Energy certificate type
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Demand certificate
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Main energy source
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Gas
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Final energy demand
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134.10 kWh/(m²a)
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Miscellaneous
This property is being sold privately, so there are no real estate agent fees.
Monthly service charges: approximately €273 (including garage).
Energy: Energy performance certificate (134.1 kWh/(m²a), Class E, gas central heating).
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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