ZIP Code: 60318
City or town: Frankfurt
City district: Nordend-West
Federal country: Hessen
Asking Price: € 235,000.00
Price per sqm living or other space: € 4,123.00
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:
Two rooms, kitchen, bathroom, balcony, in 60s building. Need for renovation. Great location.
Year of construction: 1965
Detailed description of the object:
Two-room apartment with balcony in the best Nordend location in Mittelweg, 1st floor.
The apartment has a large living room, kitchen, inside bathroom, hallway, south-facing balcony. The building has a swimming pool, which is currently not in use. Repairs to the dehumidification system and its electrical system are planned but not yet decided.
The facility has a total of 26 units. The building is from 1965 and has a flat roof. This was completely renovated a few years ago.
Due to the swimming pool, this apartment has no basement room.
A new central heating system was installed in the summer of 2018 with condensing technology and hydraulic balancing.
Laminate, woodchip wallpaper, old fitted kitchen
Type and age of windows:
Double or insulation glazing
Kind and extent of these refurbishments:
Balconies (also from this apartment) were currently renovated (autumn 2018).
Size of Landplot: 947.00 m²
Description of location:
Best location in the central Nordend.
Public transport connection:
To subway station Grüneburgweg is about five minutes. Bus goes in the Oederweg (around the corner) in the city center (Hauptwache) is about ten minutes.
General noise level of location: Medium
Supplement to noise level: The middle ground itself is not a loud backdrop. The restaurant is animated in the sunny season by the outdoor terrace.
Date of Energy Performance Certificate: 11 Jan. 2018
*Type of energy performance certificate: Residential building consumption certificate
*Residential Building - Final Energy Value: 191 kW/m²*a
Energy consumption for hot water included: not included
Year of Construction of the Heating System according to EPC: 2018
Other info concerning Energy Performance Certificate: The energy certificate does not take into account the condensing boiler system renewed in 2018, which is operated with natural gas. Before there were two oil heating systems from sixties in the building.
Type of heating and warm water preparation: Gas
Air condition: no
Billing for heating and hot water: Through property management resp. Techem
Type of Condo: Apartment
In which floor (groundfloor=0): 2
Total number of floors with GF and possibly DG: 4
Approx. living area: 56.99 m²
Source or reference to the floor space information: In the division declaration, the plans and the floor area calculations are available. This is from 2007.
Owner used: No
Rented out (details): No
Number of rooms (German counting): 2.00
Number of bedrooms: 1
Number of bathrooms: 1
Height of rooms (in m): 2.50 m
Balcony, Terrace, Loggia: Balcony to the south
Co-ownership shares: 33/1000 MEA
Share of property on the land in %: 3.30 %
Monthly housing fee: € 269.00
Note: For details, see statements that are made available during the visit.
How much (in EUR) of sinking fund payment already included in housing fee: € 66.00
In case of renting out payable amount by tenant: € 142.00
Source of these informations: Business plan 2018
Do extensions or outbuildings exist: A common bicycle shed
Status at handover: vacant
Available as of: immediately
Annual land tax: € 288.84
Heating cost p.yr.: € 437.33
Comment to the cost positions: The heating costs are based on use by the last tenant in 2017. The figures from 2018 were not available at the time of going to press.
Renovations done in the building: In 2018 refurbishment of the three smaller balcony rows, removal of the old and renewal of the heating system including hydraulic balancing; a few years ago, flat roof renovation; Installation of new cabling by Unitymedia in conjunction with a 10-year contract, for fast Internet, telephony, etc .; Renovation of the arcades
Renovations to be done in the building: Elevator (may need to be renewed); Swimming pool (here the ventilation system and with it the electrical system must be renewed); a row of balconies with the wide balconies still needs to be renovated. For the rest, see owner meeting minutes and decision-making, which can be made available if you are interested in buying.
Other information or specialties: The owner community keeps together very well. The new property management is top.
Rights of separate use: None for WE 7
Other rights and encumbrances: None specifically for WE 7
Public encumbrances: None
Registered contamination site?: Not known
What is the outstanding feature of this property: This location is just awesome! An object under 6.000 € per m² is a rarity.