ZIP Code: 60389
City or town: Frankfurt
City district: Nordend
Federal country: Hessen
Asking Price: € 695,000.00
Price per sqm living or other space: € 6,200.00
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:
Beautifully renovated apartment on the 1st floor of a Stilaltbaus from the 1900s. Rented.
Year of construction: 1905
Comment regarding year of building: Approximate specification; exact year unknown
Detailed description of the object:
Very nice apartment with high ceilings. Layout: Large hallway with 10m², then left hand the kitchen with almost 14m²; a cabinet; a toilet; four living rooms between approx. 15m² and 22m² living space. There is also a bathroom with 4,80m² and a loggia with 5,3m² and a balcony with 3,6m² surface area.
The hallway is the centerpiece of the apartment, from which one enters all rooms except the bathroom. This bathroom was equipped with a very nice shower and is modern.
The old wooden floorboards in the four living rooms were professionally refurbished, the parquet in the front balcony room was renovated. Kitchen and bathroom have been newly tiled. The existing fitted kitchen belongs to the tenants.
Type and age of windows:
The windows are double-glazed insulating windows.
Size of Landplot: 310.00 m²
Description of location:
In a classic setting of stylish buildings on the historic part of the Ave. Only a few minutes walk to Günthersburgpark, the family park par excellence.
Public transport connection:
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.
Connection to traffic routes by car:
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.
General noise level of location: Alive
Child friendliness of the location: Child friendly location. A few minutes to the Günthersburgpark, the family park at all, where parents meet parents and children other children.
Schools, kindergardens ect.: There is a good offer from kindergarten to vocational schools and high school; the University of Applied Sciences is within walking distance.
Date of Energy Performance Certificate: 10 Sep. 2018
Type of energy performance certificate: Residential building consumption certificate
Residential Building - Final Energy Value: 82 kW/m²*a
Energy consumption for hot water included: included
Energy efficiency class: C (< 100)
Type of Condo: Apartment
In which floor (groundfloor=0): 1
Total number of floors with GF and possibly DG: 4
Approx. living area: 112.04 m²
Source or reference to the floor space information: Architect calculation from 20.8.2018
Rented out (details): Yes. The apartment has been rented to the current tenants since 1. 10. 2016.
Number of rooms (German counting): 4.00
Number of bedrooms: 3
Number of bathrooms: 1
Balcony, Terrace, Loggia: Two balconies, one to the northwest, one to the southeast
Co-ownership shares: 189/1.000tel MEA
Share of property on the land in %: 18.90 %
Monthly housing fee: € 190.00
Note: Preliminary economic plan without administrative costs and maintenance reserve.
How much (in EUR) of sinking fund payment already included in housing fee: € 8.00
In case of renting out payable amount by tenant: € 150.00
Source of these informations: Business plan 2019
Sinking fund amount approx.: € 25,000.00
(More) informations on maintenance reserve fund: The property developer has contributed € 25,000 to the maintenance reserve for the renovation of the staircase.
Renovations to be done in the flat: None; the apartment has been put in top condition
Number of flats in the block: 5
General information on the renting situation: The apartment is rented to the current tenants since 1.10.2016. The distribution to WEG in condominiums took place in 2018. The tenants therefore enjoy special protection against dismissal.
Current net rent per month: € 1,155.00
Further information on the net rental income:
There is a graduated rent agreed. Next increase is due to 1.10.2020 to 1.180 € cold rent.
What is the outstanding feature of this property: Very nice apartment in sought after Nordend location near Günthersburgpark
Appointments for viewings: Only possible in coordination with the tenants; Max. 1x per week