Frankfurt-Eckenheim: Leased two bedroom apartment in well-tended apartment block (no high rise)

Object Address
PLZ-ZIP Code: 
60435
City: 
Frankfurt
Part of City: 
Eckenheim
District: 
Hessen
Country: 
Germany
Vital data
In a nutshell: 
A secluded three bedroom apartment with good floorplan, with balcony, in a leafy borough, at the moment rented for 500 Euro per month. The friendly tenant is absolutely reliable. The apartment is in a good condition, but has to be refurbished, if the tenant will move out once (the tenant lives in the apartment since thirty years now and is a lusty mid-eighty). The apartment is located in the raised groundfloor of a house with twelve apartments at the end of a blind alley. The condition of the common property is good.
Rooms: 
3,0
Bedrooms: 
2,0
Approximate living space in sqm: 
76.70m²
Type of Condo: 
Raised ground floor
Year of construction: 
1964
Balcony, Garden, Backyard: 
Balcony
Floor (groundfloor=0): 
0
Condition: 
run-down
Status at handover: 
rented
Current net rent per month: 
500.00€
Asking price (Euro): 
140.000€
Brokerage fee incl. VAT (% of notarized purchase price): 
5.95%
Payable by: 
Buyer
Available as of: 
immediately
Detailed Information
Size of Landplot: 
809.00m²
Freehold or Leasehold?: 
Freehold
Monthly housing fee: 
426.76€
Payable utilities by tenant: 
291.00€
Detailed description of property incl equipment: 

To the common property belongs a big garden, that can be used by all tenants (access through cellar).
To the apartments belongs a storage room in the basement and in the attic. Central heating without warm water, there is a gas-boiler in the apartment.

The apartment has a perfect floorplan for a small familiy or a couple, but can be used as a good single-apartment, too.

Rendite (Jahreskaltmiete : Kaufpreis): 
4.28 %
m²-Preis: 
1830 €
Description of location: 

The object is located at the end of a blind alley and is therefore very quiet. The bordering houses are also built in the sixties. The complex was constructed by Hausbau Wüstenrot, a german quality home loan bank.

Connection to traffic routes / public transport: 

You can reach the underground railway in about five minutes, also the autobahn. To reach the city you drive over the Eckenheimer Landstraße.

General noise level of location: 
Quiet
Anzahl Einheiten im Gebäude: 
12
Renovations done in the building: 

see the minutes of the community of owners, which can be made available to seriously interested persons

Renovations to be done in the building: 

ditto

Funds available in the sinking fund ca.: 
20000.00€
as per date: 
31.12.2010
Renovations done in the flat: 

no

Renovations to be done in the flat: 
Nothing, that has to be done on short notice, but if the tenant will move out, you have to refurbish the apartment.
Estimated cost for this: 
15000.00€
Type of heating and warm water preparation: 
Gas
More options on heating: 
Central heating system
Alter der Heizungsanlage ca.: 
20 Jahre
Value (kWh/m2*a): 
206.90
Including energy for warm water?: 
No
Parking options: 
Streetparking
Comments regarding parking situation: 
The tenant has rented a lock-up on the adjoining property, which he wants to recommend at his move out to a next tenant.
Which is the most characteristic feature of this property: 
Attractive purchasing price and reliable tenant

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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.