Modernization object: 3 room apartment in Sachsenhausen

Street: Dreieichstraße

ZIP Code: 60596

City or town: Frankfurt

Asking Price: € 330,000.00

Price per sqm living or other space: € 4,850.00

Brokerage commission to be paid by buyer 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.

Type of Land plot: Inner city

Size of Landplot: 857.00 m²

Quality of living area: Medium quality location

In a nutshell:
There is a lot to do here! Apartment in an apartment building the fifties. Worthwhile project. Good location. Easy rentability.

Year of construction: 1955

Comment regarding year of building: Approximate information

Detailed description of the object:
The apartment is on the 4th floor (with elevator to the respective intermediate platforms, so not barrier-free!). It has three rooms, a kitchen, a bathroom, a south-east facing balcony, and it needs to be completely modernized.

Features:
Simple equipment

Parking options:
Streetparking

Comments regarding parking situation:
There is no garage and no parking space for this apartment.

Number of residents whole community: 750000

Federal country: Hessen

Type and age of windows:
Double-glazed windows

Year of essential refurbishment of the special property (apartment): unbekannt

Kitchen built in: No

Description of location:
The apartment is just a stone's throw away from the banks of the Main; The Ignaz-Bubis Bridge is a 10-minute walk from Frankfurt's old town. It is also only a 10-15 minute walk to the European Central Bank. The old Sachsenhausen Äbbelwoiviertel is a few steps away. The local train station three minutes. The best thing, however, is that you can be on the Main in two minutes and stroll, cycle, play sports there.

City district: Sachsenhausen

Date of Energy Performance Certificate: 30.05.2018

Year of Construction of the heat generator according to EPC: 2001

Year of construction of building according to EPC: 1957

Residential Building - Final Energy Value: 126.00 kWh/m²a

Main energy source: Natural gas

Energy consumption for hot water included: included

Energy efficiency class: D (< 130)

Other info concerning Energy Performance Certificate: Is requested

Type of Condo: Apartment

In which floor (groundfloor=0): 4.

Total number of floors with GF and possibly DG: 7

Approx. living area: 67.50 m²

Rented out (details): No, the apartment is free

Number of rooms (German counting): 3.00

Number of bathrooms: 1

Balcony, Terrace, Loggia: Balcony

Co-ownership shares: 35,17/1000 MEA

Share of property on the land in %: 3.517 %

Monthly housing fee: € 307.00

How much (in EUR) of maintenance fund payment already included in housing fee: € 87.93

(More) Informations on maintenance reserve fund: 1820.97 € share of the reserve is attributable to the apartment

Allocable to the tenant when letting (excluding property tax and CO-2 share): € 178.00

Renovations to be done in the flat: To renovate fully

Renovations done in the flat: No

Special use rights: No

Number of units in the block: 24

Further hint regarding other than apartment units: 24 plus 4 commercial units (shops or restaurants)

Massive or extensive refurbishments (year): Comprehensive measures were carried out (roof, elevator) and others are in the discussion phase (facade)

Condition: Good to sufficient

Planned actions: Sooner or later, the facade should either be renovated or provided with a composite thermal insulation system.

Already decided actions?: Currently none

Which cost decisions have been made into which a buyer would enter after buying?: None evident, cf. Collection of resolutions and minutes

Disabled accessible: No

Barrier free?: No

Stepless access: No

Status at handover: vacant

Available as of: immediately

Urban development statutes: Yes. Design statutes, maintenance statutes

Rights of separate use: No

Registered public encumbrances?: No

Registered contamination?: Not researched

Other rights and encumbrances: No