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High-quality renovation 5/2024 - Apartment in Eschersheim for investors - without brokerage fee!

60433 Frankfurt (Eschersheim) – Hessen
360.000 €
3
Room
59 m²
Living Area
Private offer
apartment
ground floor apartment

This apartment in a well-kept and typical 60s building with a functional floor plan has been completely modernized to a high standard. It was designed with rental in mind for singles, couples or families. Each room has an Ethernet connection, making the children's room ideal for use as a home office when renting out.
The well-maintained building was given a new roof with loft insulation in 2016. The property is extremely well maintained and is looked after by a janitor. The management does a very tidy job. The beautiful green areas with a small playground offer plenty of space and fresh air right outside the door.
This apartment is on the raised first floor (ground floor left) and is rented for €1,200 (basic rent, index-linked rental agreement) to a very nice, solvent and working family. It is ideal for investors who do not want any renovation or refurbishment work for the next 10 years. It has been renovated to a high standard and in a functional manner. The practical floor plan makes it possible to reach every room directly from the hallway. Additional brightness in the hallway is created by glass inserts in the doors to the kitchen and living room.

Business case:
The basic rent is € 14,400 p.a. With a manageable equity investment (approx. € 30,000), the rent covers your bank rate completely in the current interest rate situation and you have a strong investment that can achieve an interesting return on equity (at least 10% plus further tax advantages) even with a repayment of only 1%, which can even increase due to potential value appreciation. If you have any questions, please do not hesitate to contact us. We would like to point out that we do not provide investment advice, but merely point out your options.

Are you interested in this apartment?

Object Number
OM-315210
Object Class
apartment
Object Type
ground floor apartment
Is occupied
Occupied
Handover from
by arrangement

Purchase price & additional costs

purchase price
360.000 €
Purchase additional costs
approx. 26,608 €
Total costs
approx. 386,607 €
HOA fee
215 €

Breakdown of Costs

Purchase price 360.000 €
Real estate transfer tax 21,600 € (6.00%)
Notary costs 3,320 € (0.92%)
Land register entry 1,688 € (0.47%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,190€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.96%

Details

Condition
rehabilitated
Level
ground floor
Usable area
12 m²
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
laminate, tiles
Heating
floor heating
Year of construction
1960
Equipment
balcony, basement, shower bath, fitted kitchen
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

The following work was carried out. The warranty of the craftsmen is transferred to the buyer.
- New electrics incl. Ethernet cabling in all living areas
- Router cabinet in the hallway
- Walls filled and painted with woodchip wallpaper
- Suspended ceilings in bathroom and hallway with built-in LEDs
- Heating pipes and radiators
- New windows with triple glazing and rebated ventilators
- Electric shutters
- Balcony equipped with electricity and light
- Completely new bathroom with bathtub, folding shower screen and mirror cabinet
- New interior doors and frames, new apartment entrance door
- New fitted kitchen (Nobilia)
- A cellar and an attic as storage space
- 1000 Mbit
- Drying room
- Bicycle room

A video in the empty state without the fitted kitchen can be found in the pictures.

Location

The apartment is located in the beautiful and very popular district of Eschersheim, close to the Weißer Stein and the S6 (8 minutes on foot). Both the city center and the nearest freeway access (5 minutes by car) can be reached very quickly. The infrastructure is very good. There are 2 S-Bahn stops and lines nearby. Of course, it is also easy to get to the city center by bike. All schools, doctors, shopping facilities, restaurants, the Nidda, sports facilities and much more are within walking distance, so that all needs are catered for. The apartment is easy to rent due to its location.

Location Check

Sport
Mobilität
Einkaufen
Medizin
Restaurants
Natur
Kultur
Nachtleben

Energy

Main energy source
gas

PDF

Miscellaneous

The energy certificate is attached and does not take into account the special features of the apartment, such as the new windows and the installation and insulation of the heating pipes.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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