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Renovation project suitable for a large family or property investors – 4/5-room ground floor apartment in Nieder-Eschbach.

60437 Frankfurt Nieder-Eschbach (Nieder-Eschbach) – Hessen
275.000 €
4
Room
75 m²
Living Area
Private offer
Apartment
Ground floor apartment

SELLER'S INFORMATION: THIS APARTMENT REQUIRES RENOVATION. THE PHOTOS ARE ORIGINAL, BUT A FILTER HAS BEEN APPLIED USING AI. THE FLOOR PLAN IS NOT TO SCALE.

This 4-room apartment on the ground floor of a well-maintained apartment building in Frankfurt-Nieder-Eschbach offers approximately 75 m² of space and provides ample opportunity for buyers who are willing to do some work. Built around 1959, and in need of renovation, the apartment is a classic renovation project: not a place to move into immediately, but an opportunity for buyers with practical skills. The apartment can also be easily converted into a 5-room apartment, suitable for use as a student shared accommodation or for a large family with multiple bedrooms. For owner-occupiers, this means the chance to redesign the apartment from the ground up, benefiting from the solid construction and the bright, well-designed layout. For investors, this presents an attractive potential for appreciation: after professional modernization, the apartment can be positioned for significantly higher rental income or resale value compared to its current condition. The apartment is available immediately. Purchase price: €275,000. No real estate agent fees, as it is being sold privately. The monthly service charges are €280, and the homeowners' association has a solid reserve fund for maintenance.

- Heating system from the 1990s, gas-powered, energy efficiency class D.
- Windows, roof, and insulation were renewed within the last 20 years.
- The apartment was previously used by smokers.

Are you interested in this apartment?

Object Number
OM-497356
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
275.000 €
Purchase additional costs
approx. 20,528 €
Total costs
approx. 295,528 €
HOA fee
280 €

Breakdown of Costs

Purchase price 275.000 €
Real estate transfer tax 16,500 € (6.00%)
Notary costs 2,666 € (0.97%)
Land register entry 1,363 € (0.50%)
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: 1,155€

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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
In need of renovation
Number of floors
4
Level
Ground floor
Bathrooms (number)
2
Bedrooms (number)
4
Flooring
Laminate, Carpet, Tiles
Heating
Central heating
Year of construction
1959
Equipment
Balcony, Basement, Elevator, Shower bath, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment features a bright living room with a large window offering views of greenery and direct access to the balcony, as well as blinds on the windows. The separate kitchen, which also has its own window, can be completely redesigned and optimized during the renovation. This is ideal for realizing individual preferences, whether it's an open-plan kitchen for the owner or a modern kitchen suitable for renting out to tenants. The bathroom is equipped with a bathtub and also requires renovation. A practical built-in closet in the entrance area provides additional storage space.

Further amenities include a storage room in the basement and a passenger elevator in the building. These features are advantageous both for personal use and for potential future rental opportunities. The apartment is heated by a gas central heating system installed in 1998; the energy performance certificate indicates a consumption value of 102.38 kWh/(m²·a) and an energy efficiency class of D.

In short, this is an apartment with a solid technical foundation, where the bathroom, kitchen, and finishes offer ample opportunity for a value-enhancing modernization according to your own design.

Location

The apartment is located in a quiet, green residential area in the northern part of Frankfurt, in the district of Nieder-Eschbach. The immediate surroundings are peaceful, and the apartment offers a pleasant view of the greenery, creating a living environment that softens the urban setting. At the same time, the location offers excellent transport links: the Nieder-Eschbach subway station is within a 5-minute walk, providing access to Frankfurt city center, Riedberg, Nordwestzentrum, and Bad Homburg. The nearest highway entrance is also about a 5-minute drive away, while the main train station is about 10 minutes and the airport is approximately 24 minutes. Shops, schools, and daycare facilities are located within the district or in the immediate vicinity.

This combination of a quiet, green living environment and good transport links makes this location attractive to both owner-occupiers, such as families looking for a peaceful yet well-connected living area, and to investors. The solid infrastructure and good transport connections suggest a stable rental market and a low risk of vacancy after modernization.

Location Check

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

Energy

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

Miscellaneous

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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Offer from: Heuser L.