ZIP Code: 60385
City or town: Frankfurt am Main
City district: Bornheim
Asking Price: € 515,000.00
Price per sqm living or other space: € 4,187.00
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:
From two apartments merged in 2005: Large five-room apartment on the 4th floor of an old building, with two full baths each with window and tub, a living room, two bedrooms each; another bedroom with en suite bathroom, and a fourth bedroom or work or children's room overlooking the courtyard. There are three rooms to Wittelsbacher, two to the yard.
Year of construction: 1910
Comment regarding year of building:
According to the energy certificate, the year of construction is 1910
Size of Landplot: 583.00 m²
Year of essential refurbishment (Kernsanierung): 2005
Kind and extent of refurbishments: The building got a whole new heating system with new strands, new electrical system, a newly equipped attic with new dormer, in which an apartment was built.
Detailed description of the object:
The apartment, which is for sale here, is located on the 4th floor of an stylish turn of the century building, with a ceiling height of about 2.60m. It was originally two apartments, each with 2 rooms, kitchen, bathroom. The apartment still has two heating, water and electrical circuits and two land registers. Since the apartments were vacated at the time of the renovation measures, the then builder merged the apartments. They could also be separated again.
The apartment can be reached on the left in the stairwell. Right on the left is the kitchen, which was newly installed in 2005. After that, the first bathroom is on the left; straight ahead ist the 25m ² large living room and from there right and left are the two 15.5m² or 17m ² large bedrooms.
If you go in the hallway to the right, you enter the area of ??the former second apartment. The corridor widens there to a large, inner anteroom; on the right and on the left are two more rooms, one of which has its own bathroom.
During the refurbishment a prefabricated parquet was installed in all rooms and in the corridor except the wet rooms. The kitchen was newly installed; since a few years, the refrigerator was removed and the tenant was given the procurement of such; the stove was renewed before the last rental.
Both bathrooms have a tub, each with a shower rod. Both bathrooms have large windows. The bathrooms and kitchen are tiled.
Comments regarding parking situation:
There are a few garages on the property, but none of them belong to the apartment.
Other data to the property:
Here are the two downers: The apartment has no balcony and the building has no elevator.
Disabled accessible: No
Stepless access: No
Description of location:
The Wittelsbacherallee is a large traffic artery, each with two lanes to the right and left of the green belt, by the tram line No. 14) drives. The avenue itself is covered with tall, old trees.
Connection to traffic routes / public transport:
On the doorstep is the station Freiligrathstraße (tram 14), in about five minutes you can reach the U7-stop parliament square, in 15 minutes the Ostbahnhof.
By car you are in about five minutes on the highway. The Ostpark can be reached in ten minutes; Ice stadium, football stadium and the place where circus, dippemess and other events alternate, are also within 10 minutes walking distance.
General noise level of location: Alive
Supplement to noise level:
Inevitably, of course, with the windows open, the sounds of the Wittelsbacher can be heard - with the windows closed though it is an almost heavenly peace. On the 4th floor, however, the road noise disturbs much less than at lower levels.
Date of Energy Performance Certificate: 7 Aug. 2009
Type of energy performance certificate: Residential building consumption certificate
Residential Building - Final Energy Value: 172 kW/m²*a
Energy consumption for hot water included: included
Main energy source: Natural gas
Year of Construction of the Heating System: 2000
Living area: 123.12 m²
Source or reference to the floor space information: The calculation of floor area for the two combined apartments is in the supplement to the declaration of division of 19.2.2003. However, there are balconies (provided), which are not available on the 4th floor. Therefore, the living space was corrected by the absent balconies.
Owner used: No
Rented out (details):
Yes. The apartment has been re-rented for two years. She was previously rented to shared apartments, now to a couple.
Type of Condo: Apartment
Co-ownership shares: 61,55/1.000 und 65,07/1.000 MEA
Share of property on the land in %: 12.66 %
Monthly housing fee: € 596.00
How much (in EUR) of sinking fund payment already included in housing fee: € 63.52
In case of renting out: Share of utilities by tenant: € 418.45
Source of these informations: Business plan 2015 is still valid
Sinking fund amount approx.: € 43,965.34
Reserve fund amount is per: 31.12.2016
Number of rooms (German counting): 5.00
Number of bathrooms: 2
Height of rooms (in m): 2.60 m
In which floor (groundfloor=0): 4
Kitchen built in: Yes
Notes regarding built-in kitchen: about 12 years old
Balcony, Terrace, Loggia: no
Special use rights: none
Number of flats in the block: 16
General information on the renting situation: The apartment has been rented to a couple for two years now.
Current net rent per month: € 1,510.00
Further information on the net rental income:
There is a biennial increase in the lease agreed.
Is the property fully rented out: Yes
How much vacancy: The apartment has practically never been empty for the last 10 years.
Type of Land plot: Development land
Massive or extensive refurbishments (year):
2000 until 2006
Good to very good general condition
Status at handover: rented
Available as of: negotiable
Freehold or Leasehold: Freehold
Annual land tax: € 184.44
Renovations to be done in the building:
The balcony renovation was decided in the 2017 owners' meeting and is financed from the reserve.
Other information or specialties:
The minutes of the Owners' Meetings 2016 and 2017 are available and can be viewed.
Rights and encumbrances:
What is the outstanding feature of this property:
Large and very nice apartment in a solid Bornheimer location
About reason for sale: Asset dispositions
Appointments for viewings: According to the arrangement