Reconstruction 1951, total living space approx. 290 m², 3 floors
ZIP Code: 60326
City or town: Frankfurt
City district: Gallusviertel
Number of residents (approx.): 760.000
Asking Price: € 1,195,000.00
Comment on purchase price: VB
Price per sqm living or other space: € 4,140.00
Parking possibility: Street
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: Development land
Size of Landplot: 320.00 m²
Quality of living area: 3 (middle position)
In a nutshell:
Modernization object! Craftsman idyll....
Year of construction: 1951
Comment regarding year of building: The reconstruction took place around 1951. The construction file is available in digital form.
Detailed description of the object:
Reconstruction with charm! Classic investment property with secure rental. Current layout is such that on the ground floor there is a 2- and a 3-room flat. On the 1st and 2nd floor there is a one-bedroom flat and a 3-room flat respectively. The upper floors are already vacant; the house keeper and his family live in the lower floor. The house urgently needs some renovation! The vacant flats were modernised several years ago, the furnishings are slightly upmarket. Each flat has a bathroom and kitchen. The ground floor has an additional exit with terrace. Balconies (as in the neighbouring, identically constructed buildings) have not been added.
A garden for the inner-city location increases the residential value.
Features:
Normal equipment
Type and age of windows:
Mostly already renewed (plastic iso windows)
Kind and extent of refurbishments:
Central heating has been renewed (condensing technology, 2014)
Kitchen built in: Yes
Notes regarding built-in kitchen: Some of the rental apartments have kitchens.
Cellar layout: Each tenant has their own storage room in the basement.
Room layout: The roof probably has potential for expansion, but we did not obtain any information on this.
Type of energy performance certificate: Residential building consumption certificate
Residential Building - Final Energy Value: 169.40 kW/m²*a
Primary energy demand: 186.40 kW/m²*a
Main energy source: Natural gas
Year of construction of building according to EPC: 1972
Energy efficiency class: F (< 200)
Year of Construction of the Heating System according to EPC: 2014
Date of Energy Performance Certificate: 22.11.2022
Description of location:
The property is located not far from Mainzer Landstraße in the colourful Gallus district, a ten-minute walk from the new Europaviertel, which has itself become part of the Gallus district. What is most exciting here is the population mix and, as a result, the variety of culinary and cultural offerings, churches and religions, sports facilities and club life. Gallus is tradition and modernity on a few km² of living space.
As an investment property, this area is always fully let if renovated or modernised to suit the location. Schools, kindergartens and playgrounds are plentiful.
Public transport connection:
Tram stop one minute away. S-Bahn station Galluswarte approx. 10 minutes on foot or three by tram.
General noise level of location: Alive
Supplement to noise level: It's a lively neighborhood.
Shopping facilities: Two supermarkets can be reached in a stone
MFH Number of residential floors total: 3
Living area: 290.00 m²
Source or notes for the area informations: Construction documents from 1951; based on the plans the living space determined
Type of construction: Solid masonry
Number of flats (apartments) in building: 6
Number of flats (apartments) per full size storey: 2
Attic storey developed: No. Expansion potential probably not yet exhausted.
Number of full sized storeys: 3
General information on the renting situation: On the ground floor, the two flats are rented. The four flats on floors 1 and 2 are vacant.
Other information or specialties: It is a residential building only
What is the outstanding feature of this property: Beautiful building fabric in a sought-after residential area
Appointments for viewings: The empty apartments can be visited at short notice by appointment.
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).
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