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3. Family house.
60437 Frankfurt (Kalbach) – HessenSolid investment property in Frankfurt-Kalbach.
Three-family house with 235 square meters of living space and a 36 square meter finished hobby room, offering significant potential for appreciation and a stable tenant base.
For sale is a well-maintained three-family house with strong potential for appreciation and a loyal tenant base.
Are you interested in this house?
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Object Number
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OM-480456
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Object Class
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House
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Object Type
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Multi-family house
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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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895.000 €
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Purchase additional costs
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approx. 64,609 €
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Total costs
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approx. 959,608 €
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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
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Estimated monthly rate: 3,514€
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Details
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Condition
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Well-kept
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Number of floors
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3
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Usable area
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88 m²
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Bathrooms (number)
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5
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Bedrooms (number)
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6
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Flooring
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Laminate, Carpet, Tiles
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Heating
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Central heating
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Year of construction
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1980
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Equipment
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Balcony, Terrace, Garden, Basement, Full bath, Shower bath, Fitted kitchen
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Information on equipment
The house is located on a quiet residential street in the Kalbach district of Frankfurt.
The district combines the charm of a traditional village with the modern infrastructure of the adjacent Riedberg area, and offers excellent connections to the city center of Frankfurt.
The house contains three well-designed three-room apartments: two on the top floor with a loggia and a shower/bathtub, and one on the first floor with a balcony, a shower, and a bathtub.
The ground floor apartment features a terrace, a garden, a shower, a bathtub, and a hobby room accessible via a spiral staircase. The total living area is 119.70 square meters.
In the basement: four storage cellars, a laundry room, and a boiler room. The usable area is approximately 46.76 square meters.
The windows were replaced between 2015 and 2018.
The front doors of the building were replaced in 2010.
The entrance doors to the apartments were replaced in 2014.
The attic (with exposed roof beams) has been insulated.
Four bathrooms have been renovated.
The heating system was replaced in 2023, and the radiators were replaced around 2013.
Location
For sale is a well-maintained three-family house in a desirable and quiet location in Frankfurt-Kalbach, below the Riedberg.
This property is ideally suited as a long-term investment for value-oriented investors.
Rental situation and potential.
One of the apartments is occupied by a reliable, elderly gentleman who has lived in and cared for the house for almost 50 years. The apartment includes a 36 square meter hobby cellar room, accessible via a spiral staircase. The room is finished.
This harmonious and secure rental arrangement should be continued.
The current average rent is a moderate €12 per square meter, totaling €34,300 per year.
For two of the apartments, there is the possibility of a rent increase of approximately 15%.
With new tenants, the annual rent could reach around €50,000.
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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134.50 kWh/(m²a)
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Miscellaneous
Images are not complete. Tenant protection applies.
Includes images of: front cover, ground floor apartment, attic apartment, basement, and heating system.
No images are available for the first floor.
Interested parties should contact us with:
Full name, address, and phone number.
Real estate agents, please refrain from inquiries.
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