Frankfurt-Bockenheim: Block with three units, unique object best location

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Object Address
PLZ-ZIP Code: 
60486
City: 
Frankfurt
Part of City: 
Bockenheim
District: 
Hessen
Country: 
Germany
Vital data
In a nutshell: 
Small multi-family house in very good location in Frankfurt-Bockenheim. Has three units: Ground floor commercial (office). 1st and 2nd floor each 1 apartment. One small garage, one parking space. Annual net rent approx. 35,000 €. One minute to Leipziger Straße. Living space approx. 144m², commercial use area including storage areas in the basement approx. 104m².
Living space in sqm (Info): 
144.00m²
Other area space not defined as living area: 
104.00m²
Type of Investment Property: 
Block mix residential and commercial
Year of construction (Info): 
Initially built around 1900; rebuilt after war ca. 1948, modernized 1989-1990
Condition: 
renovated
Status at handover: 
partly rented
Current net rent per month: 
2963.00€
Asking price (Euro): 
850.000€
Asking price (Euro): 
Negotiable price
Brokerage fee incl. VAT (% of notarized purchase price): 
5.95%
Payable by: 
Buyer
Available as of: 
negotiable
Energy Performance Certificate (EPC)
Date of Energy Performance Certificate: 
23.08.2008
Type of energy performance certificate: 
Residential building consumption certificate
Residential Building - Final Energy Value: 
192.00 kWh/(m²∙a)
Energy consumption for hot water: 
not included
Main energy source: 
Natural gas
Year of Construction of the Heating System: 
2007
Year of Construction Comment: 
One of the three boilers has been renewed recently (1st floor). The other boilers are well maintained and operating very well.
Detailed Information
Size of Landplot: 
176.00m²
Building Volume: 
1103.67000m³
Freehold or Leasehold?: 
Freehold
Annual land tax: 
837.48€
Detailed description of property incl equipment: 

A rental property in best rental location! The house was rebuilt after the war, and in 1989-1990 it was extensively renovated and expanded.

On the ground floor is an office with shop (no trade, no catering); tenant is in since 2000 and is very reliable. The ground floor has a small front garden; there is also a parking space.

On the first floor is a three-room apartment with a large south-west balcony.

In the attic, which was completely renovated and enlarged in 1989, is also a three-room apartment with balcony. To the building belongs also a small garage (internal length 4,50m) and a parking plot. To this apartment belongs a three years old fitted kitchen (except refrigerator).

The equipment of the apartments is good; the loft apartment in the attic has bright and large window elements in the gallery. There has been virtually no vacancy in the last 10-15 years.

The apartments have separate floor heating (natural gas), which every tenant settling the bills himself with the provider.

Margin (annual net rent : purchase price): 
4.2 %
Price per sqm: 
4000 €
Description of location: 

The house is only a minute away from the upper Leipziger Strasse. Bockenheim is traditionally a very popular location; formerly it was the central living area of the university students. It is now a central, sought-after district for the young population as well as good income people who love the flair of the location. "The Leipziger" is a real scene quarter in which many now popular people in their young years had their regular pub.

Connection to traffic routes / public transport: 

The subway stop is about a five minute walk (400m). There are U6 and U7. Frankfurt-West S-Bahn (city rail) station is about seven minutes on foot (600m).

General noise level of location: 
Quiet
Number of Units in Building: 
3
Renovations to be done in the building: 

No acute. The neighboring tree regularly has to be cut back as it otherwise grows over the roof and clogs the gutter at the south side. This is organized by the House Administration.

Type of heating and warm water preparation: 
Gas
More options on heating: 
Single apartment boilers
Parking options: 
Parking place outside
Parking options: 
Single garage
Other information or specialties: 

There have been consistently nice tenants in the house.

Which is the most characteristic feature of this property: 
Location location location
About reason for sale: 
Larger investment planned

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PDF Files / Floorplans:
Südwestansicht
Südwestansicht

Das Büro im EG
Das Büro im EG

Living room at first floor
Living room at first floor

Balcony at first floor
Balcony at first floor

The nicest flat in the house
The nicest flat in the house


Bathroom
Bathroom

Balkon der Dachwohnung
Balkon der Dachwohnung

Leipzíger Strasse Impressions
Leipzíger Strasse Impressions



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.