Frankfurt: 1-2 BR newly refurbished

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Object Address
PLZ-ZIP Code: 
60431
City: 
Frankfurt
Part of City: 
Eschersheim
District: 
Hessen
Country: 
Germany
Vital data
In a nutshell: 
First-class refurbished condominium in a well-kept residential complex, construction year 1973, with wellness area, lift and great view in both directions. Currently rented out, but can be handed over vacantly, or as an investment with reliable tenant.
Rooms: 
3,0
Bedrooms: 
1,0
Living space in sqm (Info): 
80.00m²
Type of Condo: 
Apartment
Year of construction: 
1973
Balcony, Garden, Backyard: 
Balcony / Loggia
Floor (groundfloor=0): 
6
Condition: 
refurbished
Asking price (Euro): 
199.000€
Brokerage fee incl. VAT (% of notarized purchase price): 
5.95%
Payable by: 
Buyer
Available as of: 
negotiable
Detailed Information
Freehold or Leasehold?: 
Freehold
Monthly housing fee: 
315.00€
Payable utilities by tenant: 
200.00€
Detailed description of property incl equipment: 

Dreamlike refurbished and bright 3 BR, providing everything you need to reside and live in Frankfurt: a very good address, excellent infrastructure, very good travel connections to the Autobahn and with the underground railway U 1, U 2, U 3, U 8 and U 9 to the city or the Taunus region; also adequate bus connections. In the wellness area belonging to the house you can find a swimming pool and a sauna. The flat has a balcony (eastbound) to Eschersheimer Landstrasse with a dreamlike view over Frankfurt and the Taunus area.
As the floor plan shows, the flat has a big living room with the balcony, a dining room (could be used also as a third room, if partitioned), a bedroom in a westward direction, a bath, a guest toilet, a storage room as well as kitchen and corridor. The new fitted kitchen with appliances belongs to the flat (but not the other pieces of furniture and all other contents shown on the picture).
With the lift you can reach easily the flat from the cellar and the basement garage. The underground parking space belongs to the house, but can only be rented, not bought. A cellar room belongs to the flat.

At the moment the flat is rented for 1000 € (800 without utilities). If desired, the flat can also be handed over free of rental agreement, because there is an alternative flat available for the tenant. In case of a new rental agreement there can be obtained up to 1000 € (without utilities).

Margin (annual net rent : purchase price): 
5 %
Factor: 
20x
Price per sqm: 
2490 €
Description of location: 

This well-kept apartment building is located in a sought-after and central area in the heart of the quarter Dornbusch in Frankfurt. The five underground railway lines take you to station Hauptwache in 5-8 minutes. The bank and commercial quarter of "Mainhatten" is reached in many ways in some minutes. You need not more than one minute by foot to reach the underground railway station "Hügelstrasse". You can reach the motorway access in all directions as well as the vibrant City of Frankfurt by car in five to eight minutes. With the bicycle a workplace in the inner city is easily be reached. Shopping facilities for the everyday necessities are located nearby abundantly. The popular district offers you a lot of green, e. g. the Sinai park, that can also be reached in a few minutes walking distance. Also the leisure park at the river Nidda is reached in a few minutes by bike. With the underground railway you can also travel to the Taunus heights.

Connection to traffic routes / public transport: 

Ideal connections in all directions!

General noise level of location: 
Medium
Renovations done in the flat: 

The flat was core renovated in 2011 and luxuriously equipped, with high quality flooring, tiles, insulated windows, modern bath elements and fitted kitchen with first-class brand-name devices.

Renovations to be done in the flat: 
none
More options on heating: 
Central heating system
Parking options: 
Duplex parking
Comments regarding parking situation: 
A parking place can be rented for 50 €.
Facilities: 
Sauna
Facilities: 
Indoor Pool
Kitchen built in: 
Yes
Which is the most characteristic feature of this property: 
Both a perfect investment and good for own use

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Disclaimer:
All data given here are based on the informations from the seller or owner and are without any guarantee by the agent or broker.
Especially room sizes or area sizes are not verified. If there is any doubt we recommend to verify the area sizes or living area.