ZIP Code: 63067
City or town: Offenbach
City district: Westend
Federal country: Hessen
Number of residents (approx.): 130000
Asking Price: € 1,200,000.00
Comment on purchase price: Basis for negotiation
Parking possibility: A garage on the property
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.
In a nutshell:
Good investment opportunity in Offenbacher Westend
Year of construction: 1971
Detailed description of the object:
The apartment building with four flats, built in the early seventies, is a good investment opportunity in times when investments in money are making minus, while the value of real estate is steadily increasing. The oldest tenant of the house is still a first-time resident.
Double-glazed insulated windows, district heating with new transmission unit, laminate flooring, modernised bathrooms, backwater flap in the basement, large balconies at the rear of the building, attic fully developed.
Comments regarding parking situation:
The house has a garage that the tenant has rented on the ground floor.
Type and age of windows:
They are double-glazed insulated windows, the age is not exactly known, but according to an imprint in a window band the year 2002 or 2004 is likely.
Other data to the property:
The property is fully rented.
Type of energy performance certificate: Residential building demand certificate
Residential Building - Final Energy Value: 185,1 kW/m²*a
Main energy source: District heating
Year of construction of building according to EPC: 1971
Energy consumption for hot water included: included
Energy efficiency class: F (< 200)
Year of Construction of the Heating System according to EPC: 2015
Date of Energy Performance Certificate: 16 Apr. 2021
Freehold or Leasehold: Freehold
Type of Land plot: Inner city
Size of Landplot: 384.00 m²
Description of location:
Offenbacher Westend is one of the renowned villa districts of Offenbach's city centre. The property is in the immediate vicinity of the German Weather Service; the proximity to Berliner Strasse, Offenbach city centre, the A661 motorway, and to Frankfurt marks this special location.
Public transport connection:
The final stop of tram line 16 is only a few minutes away; This train is the most convenient way to get to Frankfurt by public transport. But the Ledermuseum S-Bahn station is only a few minutes' walk away.
Connection to traffic routes by car:
The Kaiserleikreisel turntable can be reached quickly by car.
General noise level of location: Quiet
Supplement to noise level: Overall, it is a pleasant, quiet location. As a limitation, reference should be made to the known pollution from air traffic, which is primarily only noticeable in eastern weather, because then the aircraft take off in an easterly direction.
Child friendliness of the location: Lots of green and public play areas all around.
Development of bicycle routes: It's about five minutes by bike to the banks of the Main, and then you go west or east along the Main.
Type of heating and warm water preparation: Remote Power station
Age of heating system (approx): 6 years
Security installations: No
Billing for heating and hot water: By property manager
Photovoltaics available?: nein
Solar collectors for hot water available?: nein
MFH Number of residential floors total: 4
Living area: 283.00 m²
Gross area size (BGF): 444.00 m²
Floor area (full storeys): 111.00 m²
Source or notes for the area informations: Blueprints
Type of construction: Solid masonry, basement 30cm, floors 24 cm. Non-load-bearing interior walls 10 cm.
Number of flats (apartments) in building: 4
Number of flats (apartments) per full size storey: 1
Attic storey developed: Yes
Basement (cellar area): Yes
Number of full sized storeys: 2
List of apartments: Basement flat approx. 45m²
Ground floor flat 88m²
1st floor flat 88m²
Attic flat ca. 62m²
Total: approx. 283m² living space.
These areas were partly added from the plans (ground floor and 1st floor); for basement and attic the living areas are not evident from the plans. Surveying is still pending.
General information on the renting situation: The property is fully rented.
Current net rent per month: € 2,620.00
Is the property fully rented out: Yes
Detailed rental schedule: (Cold rents without utilities)
Basement: 400 €
Ground floor: 620 € incl. garage
1ST FLOOR 900 €
ATTIC: 700 €
Total: 2.620 €
Annual net rent: 31,440 €
What is the outstanding feature of this property: Super location in Offenbach with best rental opportunities
Note regarding the photos: For reasons of discretion, no pictures were taken of the interiors of the flats. Please convince yourself of the overall condition of the flats during a viewing.