5 out of 6 apartments are available! Multi-family house with a potential return of 6.4% – no commission fees.

5 VACANT APARTMENTS – ATTRACTIVE INVESTMENT POTENTIAL – PREPARED FOR SEPARATION! Are you looking for a multi-family building where you can shape its future development? Then this property in Altenstadt offers an interesting opportunity. This modern and well-maintained 6-unit building, built in 1993, offers approximately 426 m² of living space on a 697 m² plot. The key feature: Five of the six apartments are currently vacant and can be re-rented quickly. This presents an exceptionally flexible starting point for investors, property holders, and those looking to invest, both for generating ongoing rental income and for a potential future sale of individual units. KEY ADVANTAGES AT A GLANCE:
* 6 residential units with a total of approximately 426 m² of living space.
* 5 apartments currently vacant.
* Only one small attic apartment is currently rented.
* Calculated and realistic potential for re-renting the vacant apartments at €13.00/m².
* Estimated annual rental potential of approximately €64,044.
* Potential gross rental yield of approximately 6.42%.
* Additional income potential from 8 parking spaces (not included in the yield calculation).
* Certificate of completion already available. Declaration of division in preparation.
Oil-fired central heating system renewed in 2023.
Purchase without commission, directly from the owner.
HIGH VACANCY RATE – GREAT DESIGN FLEXIBILITY.
While many multi-family buildings are offered exclusively with existing rental agreements, this property offers a different perspective. Five apartments, with a total living area of approximately 384 m², are currently vacant. You have the freedom to decide on the future rental strategy, the selection of tenants, and the further development of the property. The sixth apartment in the attic, with approximately 42 m², is currently rented for a net cold rent of €345 per month.
POTENTIAL YIELD OF APPROXIMATELY 6.4%.
Based on a projected re-rental of the five vacant apartments at €13.00/m² and taking into account the existing attic rental, the following potential exists:
Monthly net cold rent: approximately €5,337.
Annual net cold rent: approximately €64,044.
Projected gross rental yield: approximately 6.42%.
Potential additional rental income from the eight parking spaces has not yet been included in this calculation. This calculation represents a forecast based on a complete re-rental of the vacant units.
ALSO INTERESTING FOR INVESTORS. In addition to long-term rentals, the building offers another potential avenue: the groundwork has already been laid for a potential future sale of individual units. The completion certificate for all six residential units is available. The declaration of division is currently being prepared. The varying sizes of the apartments, ranging from approximately 43 m² to 82 m², allow for the targeting of different buyer groups in a future individual sale.

SOLID PROPERTY WITH DEVELOPMENT POTENTIAL.
The building, which is relatively new, has been continuously maintained and kept in good condition. The oil-fired central heating system was only replaced in 2023. Whether for long-term asset building, re-renting, or a future individual sale, this multi-family building offers various options to develop the property according to your personal investment strategy. And the best part: you are buying directly from the owner – without any real estate agent fees!

ALTENSTADT IN THE WETTERAU DISTRICT – HIGH QUALITY OF LIFE WITH GOOD CONNECTIONS TO THE RHINE-MAIN REGION.
The property is located in 63674 Altenstadt, in the Wetterau district, northeast of Frankfurt am Main. Altenstadt offers a pleasant, established residential environment combined with good infrastructure and proximity to the economic centers of the Wetterau region and the Rhine-Main area.

GOOD INFRASTRUCTURE FOR EVERYDAY LIFE:
Shops, supermarkets, doctors, pharmacies, kindergartens, and various schools are located within the municipality or in the immediate vicinity. Leisure and recreational opportunities are also available. The natural surroundings offer a pleasant contrast to the daily work routine.

TRANSPORT LINKS AND ACCESSIBILITY:
Public transport provides connections to destinations including Frankfurt, Friedberg, and Gießen. By car, the surrounding towns and the Rhine-Main region are easily accessible via regional transport routes and the A45 motorway.

ATTRACTIVE FOR RENTERS AND BUYERS:
The combination of a quiet residential environment, good local amenities, and regional connections makes Altenstadt an attractive place to live for singles, couples, and families. For investors, this offers a variety of opportunities for renting out apartments of different sizes. The location also offers interesting possibilities for future individual sales.