Address of the Real Estate

63110

Rodgau

Other information (population etc.)

48.000

Offenbach

Hessen

Purchase Price and Realtor Commission

€ 595,000.00

€ 2,370.00

Two garages

5.95 %

5.95 %

Buyer

The buyer pays at the conclusion of the notarial deed a commission in the amount of 5.95% of the authenticated purchase price.

Land plot data

Building and surrounding property

585.00 m²

Elevated location

No

Description of property

The best investment is a well-rented property with reliable tenants.

1970

This well maintained building has a very nice, large and green plot with two garages and an equipment storage room. The driveway is neatly paved. The front door is an extra reinforced security door. The ground floor (mezzanine) flat has four rooms, a large west-facing balcony, a bathroom, a guest toilet and a large kitchen that can accommodate the whole family. It is in good condition.
The upper floor (1st floor) has a similar layout as the ground floor, also with a balcony facing west and in good condition. Here, the landlord has installed a high-quality kitchen.
The flat in the attic has three rooms, kitchen, bathroom and a large balcony to the south. This flat is in a very good and well-kept condition. In the hallway of this flat there is an insertion staircase to the unused attic room.

The floors are partly covered with laminate, PVC or tiles. Walls are mainly woodchip, painted by the tenants. Windows are partly with (partly electric) shutters.

Single garage

The two garages were rented by the ground floor tenant. The other two tenants park on the street.

More property information

The house is in good, well-kept and partly modernized condition.

Some of the windows were renewed in 2020 (courtyard side bathrooms and WCs). In the attic, the balcony door and two windows were renewed as part of the comprehensive renovation (2021). In each case, plastic windows with double insulating glazing.
All other windows are wooden windows with double glazing. The age is unknown. Replacement is recommended in the course of the next few years.

2021

The apartment on the top floor was completely renovated in 2021 and all south-facing window elements were renewed there. The front door has been renewed. In 2010 a new heating boiler (central heating) was installed. Repairs were carried out immediately if necessary. The exterior facade has no visible defects.

According to the GEG, the buyer must insulate either the roof or the top floor ceiling within two years so that a heat transfer coefficient of 0.24 W/m²K is achieved. It is recommended to insulate the storey ceiling, including replacement of the insertion staircase with a new, insulated one.

Yes

The fitted kitchen on the first floor belongs to the landlord; on the other two floors, the tenants have installed a kitchen themselves.

Each flat has its own slatted storage room. Furthermore, there is a common laundry room with connection possibilities for three washing machines and dryers; a drying room and a bicycle room.

The layout of the apartments is family-friendly.

Energy Performance Certificate (EPC) Data

Residential building demand certificate

168.00 kW/m²a

187.00 kW/m²a

Natural gas

1970

2010

included

F (< 200)

Gas central heating Buderus condensing with hot water tank

13 Sep. 2021

Further technical details

Gas

No

Partly shutters

Security front door

Takes place after consumption by the property management

No

There are two hot water collectors on the roof (installation and maintenance by Wagner in Dudenhofen; built in 2009).

Description of location

The house is in a pure residential area, with mostly 1-3 family houses in the surrounding neighborhood. Overall family-friendly, medium-sized upscale residential area.

Dudenhofen

Bus is within easy walking distance. The nearest S-Bahn station (S 1) is 1.4 km away; about a fifteen-minute walk.

Only a few minutes to the A3 motorway, to Frankfurt International Airport or to downtown Frankfurt or Offenbach.

Quiet

It is a generally quiet residential area.

There is enough space for children and the offers in the community are good. Playground, tennis court and sports field within walking distance.

You can easily reach the shopping areas of Dudenhofen or Nieder-Roden by bike.

Good overall offer in Rodgau.

Large supermarkets are available as well as smaller retailers; easily accessible by bike.

Multiple dwelling unit - specific data

3

251.00 m²

Solid construction

3

1

Yes

Full basement

Rental situation

All three apartments in the house are solidly rented.

€ 2,130.00

The annual net rent is €25,560. An adjustment in the direction of the usual market rent is possible; it is based on the legal requirements. With the current net rent, the return (purchase price to cold rent) is 3.84%.

Yes

Ground floor: 680,- € (87,4 m² = 7,78 € /m²)
Upper floor: 720,- € (87,4 m² = 8,24 € /m²)
Top floor: 630,- € (76,3 m² = 8,26 € /m²)
Ground floor two garages: 100,- €
Total living space: 251,10 m²
Notes:
The ground floor rent was increased by 10% in 2021. The maximum increase within three years is 20%; according to our research, Rodgau is not subject to a rent brake and does not (yet) have a qualified rent index.
According to the rental value calculator (Hessisches Landesamt für Bodenmanagement und Geoinformation), the local rent for ground floor and first floor is € 8.90 / m² floor area, for first floor € 9.15 / m² floor area.
All these data are without guarantee!
We do not have a current survey of the living space.

Information on barrier-free access, etc.

No

No

No

No

Other details, special features, information about the property

The annual statement of the additional costs is drawn up by a property management company.

The ground floor tenant has taken on some caretaker duties, such as garden maintenance in return for using the garden.

Final notes

Good tenants and a good location in Frankfurt

Age reasons

We have to agree with the tenants in good time beforehand

(c) Peter Talkenberger

Photos