Apartment building divided into 6 units, with 4 apartments currently available – no agency fees.

For sale without commission, a well-maintained multi-family house with six apartments is available in Altenstadt. The building, constructed in 1993, offers a total of approximately 425 square meters of living space and is situated on a plot of approximately 697 square meters. A key feature of this property is its current rental situation:

Four of the six apartments are currently vacant and can be immediately re-rented, used for personal use, or marketed individually at a later date. Only two units – located on the first floor on the left and in the attic on the left – are currently occupied. The current tenants have indicated a willingness to move out. This property offers various usage possibilities and is particularly suitable for investors, existing property owners, and investors with a strategy for dividing the property. The individual apartments range in size from approximately 43 square meters to 82 square meters. This size range allows for a broad appeal, both for renting and for potential future individual sales. The prerequisites for a division of the property have largely been prepared: the completion certificate is available, and the declaration of division is currently being drafted. Furthermore, the building is in good condition from a technical perspective. Of particular note is the oil-fired central heating system, which was recently renewed in 2023. For the potential re-letting of the property, a net cold rent of €11.50 per square meter has been calculated. Taking into account the parking spaces both outside and in the underground garage, this results in a potential rental income of approximately €5,117.50 per month, or €61,410 per year. The property therefore presents an interesting opportunity:
a short-term potential for re-letting due to the currently vacant units, combined with the possibility of future individual sales. The property is being sold directly and without commission for the buyer.

The apartment building is located in 63674 Altenstadt, in the Wetteraukreis district. The town is situated northeast of Frankfurt and offers a relatively quiet residential area while still being easily accessible to the Rhine-Main region.

Altenstadt has a well-developed infrastructure to meet daily needs. Shopping facilities, kindergartens, schools, and medical services are all located nearby.

The location is also attractive for commuters. Public transportation provides connections to cities including Frankfurt, Friedberg, and Gießen. By car, surrounding towns and the Rhine-Main region are easily accessible via regional transportation routes and the A45 motorway.

The combination of living quality, infrastructure, and accessibility makes Altenstadt an attractive location for both renting and selling apartments.

Infrastructure in the surrounding area:
Pharmacies, grocery stores, doctors, kindergartens, various types of schools, and public transportation are available or easily accessible.