Built.1909-1911, 296 m² living area, 244 m² plot, JKM after sale €34,176
ZIP Code: 60433
City or town: Frankfurt
City district: Eschersheim
Federal country: Hessen
Number of residents (approx.): 750.000
Asking Price: € 1,220,000.00
Price per sqm living or other space: € 4,000.00
Parking possibility: Garage
Total commission: 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: 244.00 m²
Quality of living area: Elevated location
In a nutshell:
Old building with style! Very well maintained, peaceful tenancies
Year of construction: 1909
Comment regarding year of building: The construction file was destroyed during the war. Some copies in the owners' records indicate the period 1909.
Detailed description of the object:
The house is in a quiet cul-de-sac. The ground floor, 2nd floor and attic are rented at market prices. The apartment on the 1st floor is owner-occupied; the owners want a tenancy for about 3 years until their new apartment is ready (currently in the planning phase). The apartments are of average quality and equipment. All apartments have electric night storage heaters, which have been almost completely renewed in recent years and are highly efficient (off-peak electricity tariffs).
All necessary maintenance was carried out continuously.
A photovoltaic (PV) system with feed-in tariff belongs to the house.
The garden is very pretty and used by the owners themselves (with a garden shed).
The garage is also used by the current owners themselves.
All apartments are independent of gas and oil; heating and hot water run on electricity. The rented apartments have new night storage heaters; the apartment still occupied by the owner has two stil full classic tiled stoves on electricity basis with night tariff. Electricity is metered, paid by the owner (as with gas central heating) to the energy supplier and settled with the tenants according to heat consumption in the annual statement.
Comments regarding parking situation:
There is one garage on the property.
Room layout: The apartments on the ground floor, 1st floor and 2nd floor each have three rooms, a kitchen, a bathroom and a loggia overlooking the southbound garden. The roof has a small roof terrace.
Type of energy performance certificate: Residential building consumption certificate
Residential Building - Final Energy Value: 160.00 kW/m²*a
Main energy source: Electricity
Year of construction of building according to EPC: 1909
Energy consumption for hot water included: not included
Value includes power consumption for: hot water
Energy efficiency class: F (< 200)
Year of Construction of the Heating System according to EPC: 1967/1979/2004
Date of Energy Performance Certificate: 26.2.2013
Type of heating and warm water preparation: Electricity
Special electrical installations: one boiler each on the ground floor +1.OG. 2.OG.+DG. Instantaneous water heater electricity tariff according to choice HT + NT. Instantaneous water heater electricity tariff by choice HT+NT (main tariff and the much cheaper night tariff).
Billing for heating and hot water: According to individual consumption (Counters for every unit)
Photovoltaics available?: Yes; Year of construction 2009; feeding into the net
Solar collectors for hot water available?: No
Description of location:
Quiet location, three minutes to Weißer Stein train station, where the S-Bahn and U-Bahn meet. No thoroughfare, therefore very quiet location.
Public transport connection:
Public transport hub station F-Eschersheim and subway stop Weißer Stein; four subway lines (U 1,2,3,8) to the city, S-Bahn line 6 within two to three minutes walking distance. Four bus lines operate in the vicinity.
General noise level of location: Quiet
Shopping facilities: All present. Walking distance to organic market, Rewe supermarket, lots of smaller shops and stores
MFH Number of residential floors total: 4
Living area: 296.00 m²
Type of construction: Massive, thick walls (ground floor 60 cm, 1st and 2nd floor 50 cm)
Number of flats (apartments) in building: 4
Number of flats (apartments) per full size storey: 1
Attic storey developed: Yes; new 2004
Basement (cellar area): Full basement
Number of full sized storeys: 3
List of apartments: EC 77m² living space.
1st floor and 2nd floor each 80m² living space.
DG 59 m² living space.
General information on the renting situation: Three apartments are rented, one is owner-occupied.
Current net rent per month: € 2,038.17
Further information on the net rental income:
In the event of sale, the owners would rent their currently owner-occupied apartment for €810.00 cold rent until they move out in about 3-4 years
Is the property fully rented out: Yes
Detailed rental schedule:
Ground floor: 640,- €, lease start 1. April 2014
1st floor: (810,- €) (see below)
2nd floor 810,- €, start of lease 1. March 2020
Top floor: € 588.17, lease commencement date May 1, 2015
Note on 1st floor rental income:
The owners currently live on the 1st floor themselves and would like to The owners would like to change to a barrier-free apartment due to age and health, which will be ready for occupancy in about 2-3 years. Until then, they rent their apartment after the sale.
Heating cost p.yr.: € 12,200.00
Comment to the cost positions: In 2021, total electricity consumption (daytime and nighttime electricity) was €12,217. However, consumption varied in the individual apartments. On average, this is 255 € per month for consumption electricity, heat and hot water. The photovoltaic is not to be offset against this, because the owner feeds all the electricity into the grid. On average he receives dadrich about 100, - € yield per month.
Is there an inheritable right of lease?: No
What is the outstanding feature of this property: Very pretty, charming house in an attractive middle-class residential area, good investment
Appointments for viewings: According to the arrangement
Contents and advertising statements: The descriptions made in this exposé have been prepared to the best of our knowledge and belief on the basis of conversations, studies of property documents, building descriptions, information provided by the seller, minutes of the owners' meetings (in the case of condominiums), research on the Internet with regard to connection location, traffic, schools, etc.. Notices with advertising attributes often also represent a personal opinion of the seller or copywriter, and are not to be understood as a declaration of quality in the sense of §§ 433ff BGB. Inadvertently incorrect or false statements will be corrected by us immediately after a hint or discovery by us. Advertising statements serve to arouse interest and emotions. Buyers must inform themselves in detail about the actual condition of an object brokered for sale, if necessary also by consulting an expert, civil engineer or architect. Verbal statements made on the telephone or at viewing appointments by the broker or employee are considered non-binding and may also be incorrect if based on misunderstandings. An interested party should always obtain written evidence of important statements about the condition, quality or legal status of a property. In particular, statements about expansion, extension, new construction, deconstruction of an object, which fall within the scope of building authorities and building inspection authorities, are not binding on our part. For this purpose, written inquiries must be made to the responsible authorities if this is deemed necessary. A preliminary building application or a preliminary permit application should be made in consultation with an architect (an owner's power of attorney is required for this).