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Investment opportunity with potential: 2 existing residential units on approximately 100 square meters. Can be divided. Includes 2 parking spaces.

Kasinostrasse 20, 65929 Frankfurt am Main (Höchst) – Hessen
399.000 €
4
Room
100 m²
Living Area
Private offer
Apartment

Exceptional opportunity for investors in Frankfurt-Höchst.

For sale are two legally separate residential units, currently combined and used as a spacious apartment of approximately 100m2, consisting of 3.5 to 4 rooms. The key advantage:
The two units already have the existing layout and, with minimal effort, can be converted back into two separate apartments. This property offers interesting potential for development and rental income growth. Current situation:
The approximately 100m2 is currently used as a single apartment and is rented. The current base rent, starting September 1, 2026, is €1,250 per month.

Development potential for investors:
By restoring the two separate apartments, there is the possibility to significantly increase the rental income. Based on our current assessment, after appropriate renovations, a total base rent of approximately €2,200 per month, or approximately €26,400 per year, for both units is conceivable. This property is particularly suitable for a buyer who not only considers the current return on investment, but also the additional potential and opportunities offered by two existing residential units. Further advantages include: the multi-family building comprises only 6 residential units in total. The roof was comprehensively renovated in 2024/2025. The energy performance certificate indicates a final energy consumption of only 88.8 kWh/(m2.a) for the building, with an energy efficiency class of C. This will likely improve further, as this energy performance certificate was issued before the roof renovation. The property includes two adjacent parking spaces in the courtyard. This tandem parking space is worth at least €50,000 and is included in the sale price.

Are you interested in this apartment?

Object Number
OM-461156
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
399.000 €
Purchase additional costs
approx. 29,311 €
Total costs
approx. 428,310 €
HOA fee
322 €

Breakdown of Costs

Purchase price 399.000 €
Real estate transfer tax 23,940 € (6.00%)
Notary costs 3,558 € (0.89%)
Land register entry 1,813 € (0.45%)
Broker commission 0€ (0%)

* 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: 1,551€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.83%

Details

Condition
Well-kept
Number of floors
3
Level
2nd floor
Usable area
20 m²
Bathrooms (number)
2
Bedrooms (number)
2
Number of parking lots
2
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1910
Equipment
Balcony, Basement, Full bath, Shower bath, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

- Approximately 100 m² of living space
- Currently used as a single residential unit
- Two separate land registry entries exist
- Two separate electricity meters are available
- Balcony
- Two parking spaces in the courtyard
- Bathroom with natural light and a bathtub
- Additional bathroom with shower/toilet
- Spacious hallway with a floor-to-ceiling storage room
- Cellar and storage space available
- Classic old building ceilings with generous room heights
- Rough plaster finish in all living areas
- Tiled floors in the living and utility areas
- Laminate flooring in the bedroom
- Bright rooms due to large window areas
- Small apartment building with only five residential units
- Extensive investments in the building structure, particularly the complete roof renovation
- Other residential units in the building may also be offered for sale in the future.

The combination of classic old building features, spacious rooms, two parking spaces, and the existing legal structure with two land registry entries makes this property a rare opportunity within a small and manageable apartment building.

Location

The property is located in a central area of Frankfurt-Höchst, a historic and well-connected district in the west of Frankfurt. Shops, doctors, pharmacies, schools, kindergartens, restaurants, and other essential amenities are located in the immediate vicinity and are mostly within easy walking distance. The established infrastructure makes this location particularly convenient for everyday living. Public transportation links are excellent. Frankfurt-Höchst station, with its connections to the S-Bahn (suburban railway), regional trains, and buses, provides quick access to the city center, the airport, and the entire Rhine-Main region. The A66 and A3 motorways are also easily accessible. A significant advantage of the property is the two parking spaces located within the courtyard that belong to the apartment. Having your own parking in this central location is a considerable convenience and an increasingly sought-after feature. Frankfurt-Höchst combines the charm of a well-established district with excellent infrastructure and very good connections to the economically strong Frankfurt Rhine-Main metropolitan region.

Location Check

Shopping
100m
Public Transport
150m
Sports
150m
Eating Out
50m
Health
50m
Culture
300m
Child Friendliness
100m
Nightlife
50m
Nature
100m

Energy

0 25 50 75 100 125 150 175 200 225 ≥250
Final energy consumption
88.80 kWh/(m²a)
Energy efficiency class
C
Energy certificate type
Consumption certificate
Main energy source
Gas

PDF

Miscellaneous

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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Offer from: Fabio Roma