4 ZKBB, 72 m² living space, 2nd floor, parking space, built in 1980
ZIP Code: 63263
City or town: Neu-Isenburg
County (Kreis): Offenbach
Federal country: Hessen
Number of residents (approx.): 38000
Asking Price: € 269,000.00
Price per sqm living or other space: € 3,700.00
Parking possibility: Parking space
Asking price for parking : € 6,000.00
Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 2.975 %
Total commission: 5.95 %
Commission payable by: Half by buyer and half by seller
Note on the commission: Buyer and seller each pay half of the broker's commission amounting to 5.95% of the notarized purchase price, earned and due after the conclusion of the purchase contract.
In a nutshell:
Solid rental income, reliable tenant, good investment, return (purchase price to rent excluding heating) approx.
Year of construction: 1984
Comment regarding year of building: Verbal statement
Detailed description of the object:
Family-sized flat with three bedrooms, living room with 1,74x5,69m² balcony, on the 2nd floor of an apartment building with 19 flats, plus garages and parking spaces.
Normal equipment, family-friendly
Parking place outside
Type and age of windows:
The windows were renewed about 10-12 years ago and are triple-glazed.
Kind and extent of refurbishments:
Equipped for families. The windows were renewed about 10-12 years ago and are triple-glazed. The facade was redesigned; the heating was renewed.
Other data to the property:
Very good, reliable tenants
Type of energy performance certificate: Residential building demand certificate
Residential Building - Final Energy Value: 104,3 kW/m²*a
Main energy source: Natural gas
Year of construction of building according to EPC: 1084
Year of Construction of the Heating System according to EPC: 2006
Date of Energy Performance Certificate: 21.04.2021
Description of location:
The house is located in southern Neu-Isenburg, adjacent to the Isenburg center.
Public transport connection:
The bus drives in front of the house; a few minutes by bus or car to Neu-Isenburg train station.
Connection to traffic routes by car:
It is just a few minutes to the A 661 motorway. From there you can get in all directions quickly. Within about 10 you are at Frankfurt Airport.
General noise level of location: Alive
Shopping facilities: Isenburg center on foot right next door.
Type of Condo: Apartment
In which floor (groundfloor=0): 2
Total number of floors with GF and possibly DG: 4
Approx. living area: 71.58 m²
Source or reference to the floor space information: Measurement by a certified surveyor on March 22nd, 2021
Rented out (details): The apartment has been rented to the current residents since March 15th, 2008
Number of rooms (German counting): 4.00
Number of bedrooms: 3
Number of bathrooms: 1
Balcony, Terrace, Loggia: Yes, nice balcony with the dimensions 1.74x3.27m
Co-ownership shares: 56,3387 / 1.000 MEA
Share of property on the land in %: 5.634 %
Monthly housing fee: € 300.00
Note: According to the business plan for 2020
How much (in EUR) of sinking fund payment already included in housing fee: € 70.00
In case of renting out payable amount by tenant: € 180.00
Source of these informations: Economic plan 2020
Sinking fund amount approx.: € 69,748.59
Reserve fund amount is per: 31.12.2019
(More) informations on maintenance reserve fund: More recent information is not yet available
Share of the flat in the reserve?: € 3943
Renovations to be done in the flat: Not known
Number of flats in the block: 19
Massive or extensive refurbishments (year): See minutes of the owners' meetings
Condition: The condition of the communal property is very good.
Planned actions: The minutes of the owners' meetings from 2015 to 2019 are available to interested parties. No meeting was held in 2020 due to Covid-19 pandemic.
MFH Number of residential floors total: 4
Type of construction: Solid
Number of flats (apartments) in building: 19
Number of flats (apartments) per full size storey: 5
Attic storey developed: Yes
Basement (cellar area): Full cellar
Heatable living or usage rooms in basement: No
Number of full sized storeys: 3
General information on the renting situation: Lease contract for house and property in Hessen with index rent, the last adjustment was made to 690.00 basic rent. Parking space rent € 63.28.
Current net rent per month: € 753.28
Annual land tax: € 217.98
Margin in % (annual net rent : purchase price): 3,29 %
Factor (Multiplier of the annual cold rent): 30.00
Other information or specialties: Due to the letting situation and the pandemic, viewings are only possible to a limited extent. We are observing the constantly changing "numbers" and have to comply with the rules that go with it. (Mouth protection, shoe covers, not touching anything in the flat, etc.).
Status at handover: rented
Available as of: negotiable
What is the outstanding feature of this property: Good return in a safe location with good tenants
Appointments for viewings: Individually by prior arrangement, only one-off appointments
Note regarding the photos: No photos were published of the apartment itself; this corresponds to the wishes of the tenants. We ask for your understanding.