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From the owner: Versatile investment opportunity, or a combination of rental income and personal use.

60437 Frankfurt am Main (Nieder-Erlenbach) – Hessen
880.000 €
324 m²
Living Area
382 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

1. The Main Building (built in 1971) – Fully Rented
The main building, which is fully basemented, is in a normal condition and has been regularly renovated. The 3 residential units (approximately 224 square meters of total living space) are currently rented at favorable rates:
Ground Floor: 3 rooms, kitchen, bathroom (approximately 76 square meters). Rent: 770 euros plus utilities.
First Floor: 3 rooms, kitchen, bathroom (approximately 76 square meters). Rent: 840 euros plus utilities.
Attic: 3 rooms, kitchen, bathroom (approximately 72 square meters). Rent: 600 euros plus utilities.

Technical Details: Heating is provided by a gas central heating system located in the basement.

2. The Rear Building (built in 1964) – Potential for Owner-Occupancy
The rear building (not basemented) is currently rented for 1,100 euros plus utilities, and there are two garages rented for 130 euros. The rear building will soon become vacant and can be handed over without a lease. However, it could be rented out again at this price.
Residential Unit (approximately 100 square meters): 4 rooms, with a fitted kitchen, bathroom with a balcony on the upper floor, and a versatile utility area (approximately 25 square meters): A practical storage or workshop area on the ground floor. Separate gas heating system.
Parking: 3 garages integrated directly into the building, plus one outdoor parking space.

Are you interested in this offer?

Object Number
OM-492496
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
880.000 €
Purchase additional costs
approx. 63,709 €
Total costs
approx. 943,708 €

Breakdown of Costs

Purchase price 880.000 €
Real estate transfer tax 52,800 € (6.00%)
Notary costs 7,211 € (0.82%)
Land register entry 3,698 € (0.42%)
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: 3,543€

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 4.04%

Details

Condition
By agreement
Year of last modernization
2021
Number of floors
3
Total area
349 m²
Other areas
25 m²
Number of garages
3
Number of parking lots
1
Net rental income (actual) p.a.
41360 €
Number of units
4
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1971

Location

The property is located in a central area of the idyllic and green Frankfurt district of Niedererlenbach. Here, the charm of a village is combined with the advantages of a large city. The Frankfurt city center and the surrounding areas are easily accessible via public transportation and the highways (A661/A5). Schools, kindergartens, and shops for daily necessities are within walking distance.

Location Check

Child Friendliness good
Health good

Energy

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

Miscellaneous

Two houses on a property with a courtyard for private use.

Please refrain from entering the property for viewing purposes or contacting the residents (privacy!).

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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