ZIP Code: 60599
City or town: Frankfurt
City district: Sachsenhausen
Federal country: Hessen
Asking Price: € 426,500.00
Parking possibility: Street parking
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
Freehold or Leasehold: Freehold
Type of Land plot: Inner city
Size of Landplot: 2,324.00 m²
Quality of living area: Upscale residential area
In a nutshell:
Well rented 2 room apartment on the ground floor
Year of construction: 1953
Comment regarding year of building: The multi-family house complex Geleitsstraße 3-11 was divided by WEG in 1998. There are five building segments, eight apartments per building segment, with living areas between 51 and 67 m². In total there are 40 apartments.
Detailed description of the object:
Apartment is located in the first building of this complex in the direction of Wendelsweg on the ground floor on the left, with balcony overlooking the greenery. It has two rooms, kitchen and bathroom. In the living room can be installed a fireplace stove (the previous owner had).
Equipped with fitted kitchen, bathroom with tub, gas boiler, south-facing balcony
Type and age of windows:
Windows are iso-double-glazed plastic windows around the 90s
Kitchen built in: Yes
Cellar layout: There is a cellar and a storage room under the roof
Room layout: To the south side there are living room and kitchen, to the north side bathroom and bedroom. All rooms are accessible from the hallway.
Type of energy performance certificate: Residential building demand certificate
Residential Building - Final Energy Value: 224,5 kW/m²*a
Year of construction of building according to EPC: 1954
Energy consumption for hot water included: included
Energy efficiency class: G (< 250)
Year of Construction of the Heating System according to EPC: 1984-2012
Date of Energy Performance Certificate: 16 May. 2019
Description of location:
The location is very popular. Here you have the option of being in the city forest on the fastest route within a few minutes, i.e. also in the direction of Sachsenhausen-Lokalbahnhof; everything can be reached by bike within a few minutes.
Optimum Sachsenhausen location at the level of Henninger Turm, with all the amenities that this location offers.
Type of Condo: Ground floor
Total number of floors with GF and possibly DG: 4
Approx. living area: 56.57 m²
Source or reference to the floor space information: The living space will be remeasured soon and a floor plan will be created.
Rented out (details): The flat is rented.
Number of rooms (German counting): 2.00
Number of bedrooms: 1
Number of bathrooms: 1
Height of rooms (in m): 2.50 m
Balcony, Terrace, Loggia: 1 balcony
Co-ownership shares: 25 / 1.000 MEA
Share of property on the land in %: 2.50 %
Monthly housing fee: € 220.00
Note: According to the 2021 business plan
How much (in EUR) of maintenance fund payment already included in housing fee: € 52.00
In case of renting out payable amount by tenant: € 70.00
Source of these informations: According to the 2021 business plan
Total maintenance fund existing: € 132,074.01
Maintenance fund amount is per: 31.12.2021
Share of the flat in the reserve?: € 3327,21
Number of flats in the block: 40
Further hint regarding other than apartment units: There are only apartments, no businesses in the residential complex
Condition: Good overall impression.
Planned actions: See protocols and resolutions
Already decided actions?: See resolution collection
General information on the renting situation: The apartment is rented partially furnished. The tenants want to stay for 2-3 years. The net rent is accordingly.
Current net rent per month: € 950.00
What is the outstanding feature of this property: Location location location ....
About reason for sale: Moved from Frankfurt
Comment: Very good capital investment in the best location in Sachsenhausen at the hill.
Appointments for viewings: By arrangement, only individual appointments
Covid-19 notes: Pay attention to the AHA rule, daily negative test is desirable
When can handover be done?: At any time after the purchase price has been paid
Note regarding the photos: Due to the rental situation, detailed photos cannot be published.