AllGrund Property ID: 201325

Object Address
PLZ-ZIP Code: 
60599
City: 
Frankfurt
Part of City: 
Oberrad
Country: 
Germany
Vital data
In a nutshell: 
Fully furnished one-bedroom apartment with large kitchen, located right at the edge of the Frankfurt fields. Good equipment, 45sqm living space, very good investment for short-term accommodation. Current rent is € 850 warm. Central location near the new European Central Bank, good transport links with public transport. Also suitable for self use, as the current tenant has a short lease. Completely renovated and newly furnished in 2009. Gas hob in kitchen.
Rooms: 
2,0
Bedrooms: 
1,0
Living space in sqm (Info): 
45.00m²
Type of Condo: 
Apartment
Year of construction (Info): 
1928 according to energy performance certificate
Floor (groundfloor=0): 
2
Condition: 
good general condition
Status at handover: 
vacant
Asking price (Euro): 
115.000€
Brokerage fee incl. VAT (% of notarized purchase price): 
5.95%
Payable by: 
Buyer
Available as of: 
immediately
Energy Performance Certificate (EPC)
Date of Energy Performance Certificate: 
19.02.2009
Type of energy performance certificate: 
Residential building consumption certificate
Residential Building - Final Energy Value: 
240.00 kWh/(m²?a)
Energy consumption for hot water: 
not included
Main energy source: 
Natural gas
Year of Construction of the Heating System: 
1998
Other info concerning Energy Performance Certificate: 
The monthly costs do not include heating as the apartment has gas floor heating.
Detailed Information
Co-ownership shares: 
101,81/1000th co-ownership of the apartment No. 15
Size of Landplot: 
375.00m²
Freehold or Leasehold?: 
Freehold
Monthly housing fee: 
110.00€
Plus monthly payment to sinking fund: 
30.00 €
Payable utilities by tenant: 
75.00€
Annual land tax: 
65.28€
Detailed description of property incl equipment: 

A beautiful, bright 1-bedroom apartment, sold fully equipped and furnished. The apartment is renovated and has a kitchen, a daylight bathroom, bedroom and living room and separate toilet. It offers a fantastic view of the Frankfurt skyline and is located between the new ECB buildings and the gardener fields of the "Frankfurter green sauce" that are located directly in front of the house. Wireless internet access.

Between city air and fragrance of herbs are found here in Frankfurt-Oberrad, only a few minutes drive or bike to the new ECB, a stylishly decorated home, to use for yourself or rent. Bright, friendly apartment with almost three rooms - the kitchen could pass for a private room. You get a completely renovated, fully equipped apartment with a friendly atmosphere. Kitchen and daylight bathroom with shower facing the south, separate toilet, bedroom and living room to the Oberrad gardener fields overlooking the Main, the skyline and the impressive new building of the ECB. A real feel-good apartment with good yield. Advantage for those who like cooking with gas: Here you can!

Apartment is tastefully furnished and equipped. Cable TV and Internet connection via WIFI can be adopted. Gas floor heating for heating and hot water. You can decide whether you rent the apartment or use it yourself. The monthly cost is 140 €, plus gas and electricity are added for individual consumption.

Margin (annual net rent : purchase price): 
6.8 %
Price per sqm: 
2550 €
Description of location: 

Frankfurt-Oberrad, the "Gardener City" between Frankfurt and Offenbach, with good connections to the city center and the airport. On one side the fields and unobstructed view of the Main. To the other side just minutes to the city forest. Shops, restaurants and doctors in close walking distance.

Connection to traffic routes / public transport: 

5 minutes to the A 661. With the S-Bahn or car it only takes a few minutes to downtown.

General noise level of location: 
Medium
Number of Units in Building: 
9
Renovations done in the building: 

The roof was replaced in the course of building up.

Renovations to be done in the building: 

The main water supply is from the currently available supply on the property Offenbacher Landstrasse 255 transferred to the Kochstraße; the costs amount to about 35,000 EUR. This apartment has a share of about 10% according to co-ownership. The disturbances reported in previous protocols in the house through a rental party are now resolved; the corresponding rental party moved out.

as per date: 
Information on the maintenance reserve are not yet available.
Renovations done in the flat: 

In 2009, the apartment was completely renovated (electrical cabling has not been renewed).

Renovations to be done in the flat: 
The wooden windows must be re-soaked; possibly the kitchen window must be replaced. There is a place below the bathroom window of the facade that is not color matched to the rest of the facade. However, this is common property and it's just about the look. In the bathroom a tile or trapdoor is missing at the shower.
Type of heating and warm water preparation: 
Gas
More options on heating: 
Single apartment boilers
Parking options: 
Single garage
Asking price for parking place: 
15000.00€
Comments regarding parking situation: 
The apartment includes a single garage which has its own land registry folio, therefore is property.
Kitchen built in: 
Yes
Other information or specialties: 

The house has a total of 9 apartments. Included with the apartment is one garage and one basement room. The roof was newly made and developed about 3 years ago.

Which is the most characteristic feature of this property: 
Picturesque, furnished apartment with best view

 


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Use the form below to contact us about this offer

The information you send us via this form is 100% encrypted using modern encryption standards.

Please share any information about your real estate search, times of your availability for visits and everything else that is important  The more information we have in advance, the better we can respond to your request. If you do not want to write anything, that's ok too.

You do not have to send us a phone number. However, it makes it easier to arrange a short-term appointment with you or to clarify any queries, if we can also contact you by phone.

How much equity are you planning to invest?

If you have problems to send the form, just call us at +49 6103 310847 or +49 151 5870 3200