Capital investment and own use in one building possible
ZIP Code: 63165
City or town: Mühlheim am Main
County (Kreis): Offenbach
Federal country: Hessen
Asking Price: € 575,000.00
Price per sqm living or other space: € 2,376.00
Brokerage commission incl. VAT (% of notarized purchase price): 5.95 %
Commission payable by: Buyer
Note on the commission: The buyer pays at the conclusion of the notarial deed a commission in the amount of 5.95% of the authenticated purchase price.
In a nutshell:
An investment with potential! Three-family house, two apartments are rented, the most beautiful is free in the ground floor!
Year of construction: 1963
Detailed description of the object:
The building constructed in 1963 in massive construction was previously used by the owner in the EC itself. This apartment is now vacant and can be renovated and used immediately. This apartment has 3 rooms, kitchen, bathroom, guest toilet and a large covered terrace, the garden for sole use and a garage. A large hobby room in the basement is also part of this apartment. The living area is approx. 89m².
On the 1st floor (first floor) is a rented apartment with 3 rooms, kitchen, bathroom, balcony and guest toilet. It is in very good condition; the apartment was renovated and maintained by the tenant himself. The apartment includes a basement room. The living area is about 80 m². It is rented since 1994.
In the attic is also an apartment with 3 rooms, kitchen, bathroom and balcony. Although it has the same footprint as the underlying, but by the sloping ceilings less living space; this is about 73m ². It is rented since 2010.
Ground floor: mostly bright floor tiles; partially carpeted floor; very good fitted kitchen; Bathroom with shower, was re-made about 15-20 years ago; Windows with electric shutters; Guest toilet. Apartment is partly in need of renovation in the usual extent.
Comments regarding parking situation:
There are two single garages
Other data to the property:
The building is within the scope of a development plan (No. 30) from 1968.
Freehold or Leasehold: Freehold
Type of Land plot: Inner city
Size of Landplot: 587.00 m²
Description of location:
Centrally located in Mühlheim, about 10 minutes walk to the train station, as well as to the city center or to the Main. Quiet side street. Two schools nearby.
Connection to traffic routes by car:
By public transport (S8, S9) you are in 23 minutes in Frankfurt Central Station. The lines connect Wiesbaden and Mainz with the Rhein-Main-International-Airport, with the Frankfurt City as well as Offenbach and Hanau.
Mühlheim is located south of the Main and is connected by the B43 to Hanau and Frankfurt respectively Offenbach. To the motorway A 3 one arrives via Obertshausen; to the A 66 over the Mainfähre.
General noise level of location: Quiet
Date of Energy Performance Certificate: 3 Aug. 2017
Type of energy performance certificate: Residential building demand certificate
Residential Building - Final Energy Value: 283,8 kW/m²*a
Energy efficiency class: H (> 250)
Energy consumption for hot water included: included
Main energy source: Fuel oil
Year of Construction of the Heating System according to EPC: 1997
Type of heating and warm water preparation: Petrol
Age of heating system (approx): 20 years
Air condition: Yes in ground floor
Special electrical installations: No
Remote bus control system: No
Security installations: No
Massive or extensive refurbishments (year): Obviously, various refurbishments and modernizations were made in the eighties and nineties, but details are missing.
Condition: All in all well maintained, ground floor flat in need of renovation.
MFH Number of residential floors total: 3
Living area: 242.46 m²
Gross area size (BGF): 458.00 m²
Floor area (full storeys): 314.00 m²
Source or notes for the area informations: On 24.4.2018 a new survey was made by an expert and based on that, the living space for each floor was calculated.
Number of flats (apartments) in building: 3
Number of flats (apartments) per full size storey: 1
Attic storey developed: Yes
Basement (cellar area): Full basement including terrace
Heatable living or usage rooms in basement: no
Number of full sized storeys: 2
Are special outdoor facilities available: A garden fireplace
Current net rent per month: € 894.10
Further information on the net rental income:
The net rent consists of 1st floor 434,10 € and DG 460,00 €.
Is the property fully rented out: The property is not fully rented, the ground floor apartment is free
How much vacancy: The ground floor apartment is free
Status at handover: partly rented
Available as of: negotiable
What is the outstanding feature of this property: A well-kept house in a quiet location with possible immediate owner-use of one flat
About reason for sale: Heirs want to sell