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Apartment in an excellent location with development potential.

60486 Frankfurt am Main (Bockenheim) – Hessen
359.000 €
2
Room
69.07 m²
Living Area
Apartment

Modernized apartment with character – an attractive investment property or for personal use.

This modernized 2-room apartment, built in 1908, combines the unique charm of a classic building with modern living comfort. The apartment is currently rented to a group of students, making it suitable both as an investment property and, in the future, for personal use. The apartment features two well-proportioned rooms, a fully equipped built-in kitchen, and a modernized bathroom with a bathtub. High-quality parquet flooring creates a pleasant living atmosphere in the living areas, while the bathroom is fully tiled. Characteristic of the building's age are the high ceilings, which give the rooms a sense of spaciousness. Combined with the bright living areas, this creates an open and pleasant living feeling that combines the classic charm of an older building with the advantages of modernization. Attractive for investors.

The apartment is currently reliably rented and generates annual rental income of €18,360.00. Based on the purchase price, this results in a factor of 19.55. This property offers an attractive combination of existing rental income, modernized living space, and long-term development potential.

A key advantage is the development of the adjacent property. A modern residential complex with a total of 64 new apartments is being built there by the Jaweed Group. This new development will enhance the immediate surroundings and add modern living quality. The proximity to this new construction project represents an interesting factor for the future development of the location. The apartment includes a private storage space in the basement, providing additional storage.

Are you interested in this apartment?

Object Number
OM-496130
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
359.000 €
Purchase additional costs
approx. 26,548 €
Total costs
approx. 385,547 €
HOA fee
230 €

Breakdown of Costs

Purchase price 359.000 €
Real estate transfer tax 21,540 € (6.00%)
Notary costs 3,320 € (0.92%)
Land register entry 1,688 € (0.47%)
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: 1,508€

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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 4.30%

Details

Condition
Well-kept
Number of floors
3
Level
1st floor
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Parquet, Tiles
Heating
Floor heating
Year of construction
1908
Equipment
Basement, Full bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, High school, Comprehensive school, Public transport

Information on equipment

2 rooms
Modernized pre-war building from 1908
High ceilings and classic pre-war charm
Parquet flooring in the living areas
Tiled bathroom with bathtub
Fully equipped built-in kitchen
Currently rented to a shared living arrangement (WG)
Annual rental income: €18,360.00
Factor: 19.55
Private storage space in the basement
Suitable as an investment property or, in the future, for personal use.

Location

The apartment is located at Solmsstraße 5 in the popular Bockenheim district of Frankfurt. Shops, restaurants, and everyday amenities are all within easy reach.

The Westbahnhof (West Train Station) and Bockenheimer Warte are easily accessible and offer excellent connections to the S-Bahn (suburban train), U-Bahn (subway), buses, and trams. Furthermore, the A648 motorway provides a quick connection to the A5, A66, and Frankfurter Kreuz. The city center and the airport are also easily accessible.

This apartment offers a central and well-connected location in the heart of Frankfurt.

Location Check

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

Energy

Energy efficiency class
D
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
130.00 kWh/(m²a)

Miscellaneous

If this apartment has piqued your interest, we would be happy to hear from you.

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Offer from: Lazar Finger