Historic property with park

ZIP Code: 61250

City or town: Usingen / Ts.

County (Kreis): Hochtaunuskreis

Federal country: Hessen

Asking Price: € 1,295,000.00

Comment on purchase price: Negotiable price

Brokerage commission incl. VAT (% of notarized purchase price): 5.95 %

Commission payable by: Buyer

Note on the commission: Buyer pays a commission at notary sales contract in the amount of 5.95% incl. VAT. of the certified purchase price.

In a nutshell:
On an area of ??3,273 square meters of a formerly belonging to a castle estate, there are a multi-family house and a mansion. The buildings are in need of renovation. The park is a beautiful inner city oasis.You can hardly live so idyllic anywhere in the steadily growing environment of Frankfurt am Main. By car to the Frankfurt city or to the airport is about 30-35 minutes.

Year of construction: 1865

Comment regarding year of building:
In 1865 the mansion (villa) was built. The historic listed longhouse dates back to the year 1665.

Size of Landplot: 3,273.00 m²

Detailed description of the object:

Mansion or Villa:
The building was originally built around 1865. It is a massively built stone house, with partly cellar rooms and three residential floors including attic. The building was extensively modernized in 1964 and has since been used as a home for a family. The building has natural slate coverage on the roof.
Substantially, the building presents itself in good condition.
The house has a beautiful garden terrace.
The layout: on the ground floor large living room with sunny terrace, garden; big kitchen, guest toilet, study; in the upper floor three bedrooms and bath; in the attic a large converted studio. The living area is estimated approximately 250m². (There exist no own area calculations for this building.)
On the ground floor is a stylish classic fireplace.

Multi apartment block (Longhouse):
This building dates from the 17th century (circa 1665) and was part of the old castle complex. It is a listed building. Originally it was used to accommodate horses, in the floors above were mainly economic areas. The building was rebuilt in the middle of the 19550s in a pure residential building with eight apartments and a total of approximately 692sqm of living space. The apartment sizes range from about 25 to about 115m². Most units in this block are vacant and in need of substantial refurbishments, like electricity, water pipes, sewers, bathrooms etc. must be renewed.

The construction is massive at the bottom; the basement consists of vaulted cellars with approx. 80cm thick walls.
The upper construction consists of traditional beamwork.
The building has three residential floors and a level with cellar and utility rooms. Two floors are full size floors, one floor with two large apartments is in the attic.

There are two entrances with separate hallways and staircases. The orientation of the building with the main window front is towards the garden. On the back are garages. The exterior plaster might need refursbishment too.

Comments regarding parking situation:
There are a total of 14 garages on the property. They are from the 1960s. 11 of them are outside the fenced area and are mostly rented to tenants from the area. There are also four parking spaces, which are also rented.

Other data to the property:

The object offers potential. It is in the interest of the City to make good use of this centrally located property, which fits into a concept of inner-city development. There have already been preliminary talks, but no concrete pre-construction request has been made yet.

The superb depreciation for listed properties can be a high incentive for an investor, possibly also for government grants - that has not been deeply researched from our side.

Possibilities are use as a doctor's home and next door rented clinic or children's hospice; Use as seminar and meeting rooms; Use as multi-family dwelling ... or as a perfect home for a big family with children and as additional, after due renovations, rent out the flats in the historical building for income.

Does the property have oversize or is it additionally buildable: After initial preliminary discussions with the local government, an additional development in the interior requires the approval of the city council assembly.

Disabled accessible: Access for disabled to the manor can be easily built via the terrace.

Description of location:
Excellent downtown location, good location in the area, nearby are plenty of recreational and recreational opportunities; Shops for daily needs in the immediate vicinity.

Connection to traffic routes / public transport:
Highway (A5) about 10 minutes, Bad Homburg, Oberursel, Friedrichsdorf about 10-15 minutes; Frankfurt downtown outside the rush hour about 20 minutes. No S-Bahn ... should come.

General noise level of location: Quiet

If no Energy Performance Certificate Exists: Other (see below)

Other info concerning Energy Performance Certificate: For monument protection exempted from the energy certificate

Type of heating and warm water preparation: Gas

More options on heating: Central heating in the mansion; Gas heating in the historical house

General information on the renting situation: The historical longhouse property is partially rented. The manor is self-used and will be released upon delivery.

Current net rent per month: € 2,473.85

Further information on the net rental income:
The net rent includes 650, - € for 11 garages and 4 parking spaces.

Is the property fully rented out: No

How much vacancy: Five units in the historical listed building are empty due to renovation needs.

Freehold or Leasehold: Freehold

Comments or hints concerning building or planning rights:
The entire estate is subject to the ensemble protection.

Type of construction use according to development plan (BauNV): Residential area