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Investment property with excellent train station access: No commission and potential for depreciation benefits.

65934 Frankfurt (Nied) – Hessen
129.000 €
1
Room
32 m²
Living Area
Private offer
Apartment

For sale without commission: a rented 1-bedroom apartment on the 4th floor of a multi-family building in Frankfurt-Nied, built in 1973. The apartment is conveniently accessible by elevator and offers a spacious living/sleeping area of approximately 32 m², with an open-plan kitchenette included in the purchase price. The bathroom is located within the apartment and is equipped with a bathtub and toilet. The apartment also features a private balcony. A separate storage room in the basement is also included. The floors are tiled. There is no private parking space; however, it may be possible to rent a space from neighbors in the building, according to information available. The apartment has been continuously rented to the same tenant since 2016 (under an open-ended lease agreement). The current net cold rent is €520 per month and is based on a mutually agreed rent increase between the landlord and tenant, to which the tenant explicitly agreed. The sale is commission-free and directly from the owner – there is no buyer's commission. Energy performance certificate (mandatory information according to § 87 GEG): Consumption certificate, final energy consumption 117 kWh/(m²·a), main energy source natural gas L, year of construction 1973, energy efficiency class D. All information is provided to the best of our knowledge and without guarantee; the purchase agreement and declaration of division are binding. Subject to prior sale and errors.

Are you interested in this apartment?

Object Number
OM-488343
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
129.000 €
Purchase additional costs
approx. 9,996 €
Total costs
approx. 138,995 €
HOA fee
205 €

Breakdown of Costs

Purchase price 129.000 €
Real estate transfer tax 7,740 € (6.00%)
Notary costs 1,492 € (1.16%)
Land register entry 764 € (0.59%)
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: 531€

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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 4.17%

Details

Condition
No information
Number of floors
11
Level
4th floor
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Tiles
Heating
Central heating
Year of construction
1973
Equipment
Balcony, Basement, Elevator, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

- 1-room apartment on the 4th floor, with elevator.
- Living space approximately 32 m², living/sleeping area with an open-plan kitchenette.
- Fitted kitchen included.
- Bathroom located within the apartment, with a bathtub and toilet.
- Balcony included.
- Tile flooring.
- Storage room in the basement.
- Central gas heating (natural gas L).
- Rented since 2016, with an unlimited lease agreement and a straightforward tenant. Net cold rent: €520 per month.
- Total monthly service charges: €205 (including €45 for reserves and €40 that are non-reimbursable).
- Very professional homeowners association management.
- Annual contribution to the homeowners association's reserve fund: €120,000.

For investors: A preliminary assessment of the remaining useful life indicates 16-24 years. A preliminary financing check has been conducted by a professional and experienced financing partner. The completeness of the documents has been verified, and indicative financing options are available for review, subject to individual creditworthiness. Therefore, a quick purchase process is possible. Additionally, a portion of the purchase price, up to approximately €10,000, may be offered as a seller's loan, subject to certain conditions and individual assessment. This allows for a purchase with minimal equity. All points mentioned are non-binding indications without guarantee; we are happy to discuss details and conditions in person.

Location

Frankfurt-Nied is a well-established district in the west of Frankfurt, located on the Nidda river, near its confluence with the Main. The district offers a peaceful residential environment with excellent connections to Frankfurt's city center. The Frankfurt-Nied S-Bahn station is within walking distance and served by lines S1 and S2. During the day, there are frequent trains heading towards the main station (only 2 stops away), Höchst, and Wiesbaden. A tram stop is also easily accessible on foot, providing direct service to the main station. Lines 11 and 21 operate frequently towards the city center and Höchst. In addition, several bus lines provide good connections to the surrounding districts. Shops, doctors' offices, and restaurants are available in the local center to meet daily needs. Green spaces along the Nidda river and the banks of the Main offer recreational opportunities nearby. The A5/A66 motorways and the B40 road are also within a few minutes' drive, as is Frankfurt Airport, which can be reached in a few minutes by car or by S-Bahn – a significant advantage, especially for frequent travelers and those who work outside the area. The compact size of the apartments in this desirable location primarily appeals to singles, commuters, and those starting their careers – a benefit for long-term rentals.

Location Check

Shopping
Sports
Child Friendliness
Eating Out
Public Transport
Health
Culture
Nature
Nightlife

Energy

Final energy consumption
117.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
Gas

Miscellaneous

Provider:
Arne & Drazena Immo GmbH
Birminghamstraße 117, 65934 Frankfurt am Main
Represented by the managing directors: Arne Lindemann and Drazena Lindemann
Phone: 06917498930
Frankfurt am Main District Court, HRB 129429
VAT ID: DE440355826
The sale is commission-free and directly from the owner; no real estate agent services are provided to the buyer, and no buyer's commission will be charged.

Note for investors: For existing properties of this age, the actual useful life is often significantly below the statutory standard useful life of 50 years, which may offer potential for higher depreciation. In addition, a financing partner has pre-assessed the property regarding possible financing models and the completeness of the documents. Both notes are non-binding, do not constitute legal, tax, or financial advice, and the assessment should be carried out by the interested party with their tax advisor or bank.

All information is provided to the best of our knowledge and without guarantee; the purchase agreement and the declaration of division are binding. Subject to prior sale and errors.

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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Commission: No commission for buyers

Offer from: Drazena Lindemann