ZIP Code: 60318
City or town: Frankfurt am Main
City district: Nordend
Federal country: Hessen
Asking Price: € 560,000.00
Price per sqm living or other space: € 7,340.00
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:
Very good investment opportunity in the very best Nordend near University of Technical Sciences
Year of construction: ca. 1953
Size of Landplot: 430.00 m²
Detailed description of the object:
Very nice four-room apartment on the 4th floor of a completely renovated apartment house. Currently still rented until 30.9.2018. The apartment has two balconies; one with west and one with east orientation. The apartment was practically completely renovated a few years ago.
High-quality floor tiles, bathroom completely new, decorative solid wood doors, new double-glazed insulating windows, separate gas boiler for the heating of the apartment, including hot water tank, walls in wiping technique pleasantly colored.
Type and age of windows: Double glazed plastic windows from 2005, 2009 and 2012
Year of essential refurbishment (Kernsanierung): 2007
Kind and extent of refurbishments: Electrics, bathroom, kitchen, floors, wall and ceiling paintings and interior doors redone. New boiler system for heating installed.
Public residential parking with pass
Other data to the property:
Free from 1.10.2018
Description of location:
Pretty quiet one-way street in the most beautiful Nordend. On foot to the University of Applied Sciences a few minutes; shops in abundant extent available. Cleaning and launderette nearby, numerous interesting cafes, bars and restaurants. The Günthersburgpark is five minutes by bike. It is undoubtedly a young and very popular location.
Public transport connection: Tram three minutes, subway five minutes.
General noise level of location: Quiet
Child friendliness of the location: Very family friendly neighborhood. Children are welcome here; Kitas and kindergartens as well as primary and secondary schools within walking distance. From now on in Hessen: Kita from 3 years for 6 hours daily free of charge.
Date of Energy Performance Certificate: 25.05.2018
Type of energy performance certificate: Residential building consumption certificate
Residential Building - Final Energy Value: 85,7 kW/m²*a
Energy consumption for hot water included: included
Year of Construction of the Heating System: 2000
Year of system installation comment: The year of construction of the gas heating in the apartment is 2007.
Energy efficiency class: C (< 100)
Type of heating and warm water preparation: Gas
More options on heating: Gas Heating
Age of heating system (approx): 11 years
In which floor (groundfloor=0): 4
Total number of floors with GF and possibly DG: 6
Approx. living area: 76.27 m²
Source or reference to the floor space information: Calculated from existing documents (floor plan)
Number of rooms (German counting): 3.00
Number of bathrooms: 1
Height of rooms (in m): 2.50 m
Balcony, Terrace, Loggia: 2 balconies
Kitchen built in: Yes
Notes regarding built-in kitchen: About 10 years old; can be taken over. Price negotiable.
Type of Condo: Apartment
Co-ownership shares: 74,459/1000tel MEA
Share of property on the land in %: 7.45 %
Monthly housing fee: € 275.00
How much (in EUR) of sinking fund payment already included in housing fee: € 112.00
In case of renting out: Payable amount by tenant: € 125.00
Source of these informations: Business plan 2017
Sinking fund amount approx.: € 109,500.00
(More) informations on maintenance reserve fund: The recent refurbishment measures on the facade, balconies and electrics have not yet been fully paid. There is a shortfall of about € 34,000. The portion attributable to the apartment amounts to approximately € 2,500 € and is paid by the sellers.
Reserve fund amount is per: Juni 2018
Renovations to be done in the flat:
Number of flats in the block: 17
General information on the renting situation: The current tenants have given notice to 30.9.18.
Current net rent per month: € 1,310.00
Massive or extensive refurbishments (year):
Status at handover: vacant
When is object available: 1.10.2018
Annual land tax: € 229.92
Land value per sqmeter: € 4,300.00
Qualifying date ground value: 1 Jan. 2018
What is the outstanding feature of this property:
An immediately available or rentable three-room apartment in a prime location
Appointments for viewings: According to the arrangement