ZIP Code: 60318
City or town: Frankfurt
City district: Nordend
Federal country: Hessen
Asking Price: € 660,000.00
Price per sqm living or other space: € 6,950.00
Parking possibility: Street-side parking
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:
Highly interesting roof duplex apartment in Kreutzerstraße with skyline view
Year of construction: 2002
Comment regarding year of building: In 2002, the roof was rebuilt with the apartment, so like new building. The building itself is from the 1900s and is a classic old building.
Detailed description of the object:
Rare opportunity to purchase a top floor duplex apartment with fantastic cozy roof terrace! The apartment has a large living room with open kitchen; two bedrooms, a bathroom with tub and shower, guest toilet; a small room is located in the attic and can be reached via a fixed ladder staircase. All living rooms are equipped with parquet flooring. Bathroom is tiled almost floor to ceiling, bright tiles. The entire apartment is kept in white. Numerous roof windows provide a lot of brightness. There is a fitted kitchen, which belongs to the tenants. (Price in case of takeover by the buyer is negotiable only with the tenants.)
Type and age of windows:
Double insulation glazing; 17 years
Kitchen built in: Yes
Notes regarding built-in kitchen: see above
Size of Landplot: 401.00 m²
Description of location:
The house is adjacent to the University of Frankfurt, in Kreutzerstraße. The location is very central, with good shopping.
Public transport connection:
Bus and tram (line 18) can be reached in two minutes. The underground line 5 (Deutsche Bibliothek) is about seven minutes away on foot.
Development of bicycle routes: Well developed
Date of Energy Performance Certificate: 11 Feb. 2019
*Type of energy performance certificate: Non residential building consumption certificate
*Residential Building - Final Energy Value: 163,8 kW/m²*a
Energy consumption for hot water included: included
*Main energy source: Natural gas
Year of Construction of the Heating System according to EPC: 2003
*Energy efficiency class: F (< 200)
Age of heating system (approx): 16 years
Type of Condo: Maisonette
In which floor (groundfloor=0): 4
Total number of floors with GF and possibly DG: 4
Approx. living area: 95.03 m²
Source or reference to the floor space information: The architect's statement of 28.1.2003 reflects the net living space. The net floor area is around 115m².
Number of rooms (German counting): 3.50
Number of bedrooms: 2
Number of bathrooms: 1
Guest WC (powder room): 1
Balcony, Terrace, Loggia: Lovely roof terrace to the east and the south
Co-ownership shares: 160,81/1.000tel MEA
Share of property on the land in %: 16.00 %
Monthly housing fee: € 250.00
How much (in EUR) of sinking fund payment already included in housing fee: € 80.41
In case of renting out payable amount by tenant: € 100.00
Source of these informations: Settlements
Sinking fund amount approx.: € 42,189.98
Reserve fund amount is per: 31.12.2018
Renovations to be done in the flat: none
Special use rights: At two cellars
Number of flats in the block: 9
Massive or extensive refurbishments (year): 2002-2007 the building was selectively modernized and renovated.
General information on the renting situation: The apartment has been rented since 1.1.2011 to two reliable tenants. And that is no small advantage, because good tenants are the best backing for your real estate financing! For personal use, the statutory notice period of 6 months from the transfer of ownership applies, if this is done by 1 May. Otherwise 9 months.
Current net rent per month: € 1,242.00
Further information on the net rental income:
The last rent increase (about 5 years before there was a first rent increase) took place on 1.5.2017. The tenants were always informed by letter. The tenants pay also since the last rent increase to 1.5.2017 without any problems the rent, as always before.
Status at handover: rented
Available as of: negotiable
Annual land tax: € 159.24
What is the outstanding feature of this property: The character of this apartment just wonderful
Appointments for viewings: Since the apartment is rented, viewings can only take place on dates previously agreed with the tenants.