Frankfurt-Nordend: 3 bedroom Altbau apartment with two balconies

Address of the Real Estate

ZIP Code: 60389

City or town: Frankfurt

Purchase Price and Realtor Commission

Asking Price: € 695,000.00

Price per sqm living or other space: € 6,138.00

Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 5.95 %

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.

Land plot data

Size of Landplot: 310.00 m²

Description of property

In a nutshell:
Create a piece of jewelry with your own personal touch!

Year of construction: 1905

Comment regarding year of building: Ca. indication, exact year unknown

Detailed description of the object:
Beautiful apartment with high ceilings. Layout: Large hallway with 10m², left hand kitchen with almost 14m², WC; opposite on the right side a room of 20m², one of 15m²; at the end of the hall left and right each a room with 21m² living space. There are two balconies in the northeast and southwest with 5.27m² and 3.56m².
The bathroom was once rebuilt to extend into the one bedroom; However, this construction is easy to remove and other bath variants are conceivable. Make your very own piece of jewelry from this old style pearl!

Features:
The entire living area is designed with velor carpeting, which probably rests on the original Frankfurt planks. The renovation of the old floors is one of the main tasks for the buyer. Corresponding offers also for the other areas can be obtained.

Other information (population etc.)

Federal country: Hessen

More property information

Type and age of windows:
Plastic windows with double glazing; age about 20 years (estimated)

Description of location

Description of location:
In classic surroundings of traditional buildings located at the historical part of the "Alleenring". Only a few minute walk to Günthersburgpark, the family park par excellence.
In the immediate vicinity are numerous shops (supermarkets, artisan bakeries, etc.) and many typical Frankfurt cafes and restaurants. The popular Berger Straße is also within walking distance.

City district: Nordend-Ost

Public transport connection:

Tram stop line 12 around the corner; Tram 18 can be reached in five minutes; Subway lines 4 and 5 each within 5-10 minutes walking distance; City bus.

Connection to traffic routes by car:

Optimal traffic connection: by car in 10 minutes in the city center, in 5 minutes on the highway, in 20 minutes at the airport.

Child friendliness of the location: Very kid-friendly location. A few minutes to Günthersburgpark, the family park where parents meet parents and children meet children.

Development of bicycle routes: Very good bike paths available

Schools, kindergardens ect.: Good local supply

Energy Performance Certificate (EPC) Data

Final energy value: 81.70 kWh/m²a

Date of Energy Performance Certificate: 10 Sep. 2018

Year of system installation comment: Year of construction of the Gasetagentherme unknown.

Main Energy Source - Other: Natural gas

Condominium: Specific data (I)

In which floor (groundfloor=0) (German counting): 3

Total number of floors with ground floor and possibly top floor: 4

Approx. living area: 113.49 m²

Source or reference to the floor space information: Architectural area calculation from 20.8.2018

Rented out (details): The apartment is vacant.

Number of rooms (German counting): 4.00

Number of bedrooms: 3

Number of bathrooms: 1

Guest WC (powder room): 1

Height of rooms (in m): 3.29 m

Balcony, Terrace, Loggia: Two beautiful balconies

Condominium: Specific data (II)

Co-ownership shares: 190/1.000 MEA

Share of property on the land in %: 19.00 %

Monthly housing fee: € 190.15

How much (in EUR) of maintenance fund payment already included in housing fee: € 7.92

(More) Informations on maintenance reserve fund: The maintenance reserve contains a foundation for the renovation of the staircase. The buyer takes over the purchase of the share of this apartment with 19% or 4,750, - €; however, the money remains in the reserve (WEG Law).

Allocable to the tenant when letting (excluding property tax and CO-2 share): € 143.00

Source of these informations: Business plan 2019

Special use rights: To the apartment belongs a cellar in the special use right.

Information on community property

Planned actions: The staircase is to be renovated as soon as the renovations in the now sold condominiums are completed.

Already decided actions?: None

Which cost decisions have been made into which a buyer would enter after buying?: There was no owner meeting, because the object is fresh in the market.

Further information about the object

Renovations to be done in the building: Stairway renovation

Estimated cost for this: About 25,000 €, but not verified

Other vital Data

When is object available: At any time after purchase price payment

Final notes

What is the outstanding feature of this property ?: Bright, well designed four-room apartment 5 minutes from Günthersburgpark. A real rough diamond, from which you can create a top apartment.

Appointments for viewings: According to the arrangement

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