Street: Montabaurer Straße
ZIP Code: 65936
City or town: Frankfurt
District: Sossenheim
Number of residents whole community: 760000
Federal country: Hessen
Asking Price: € 1,250,000.00
Comment on purchase price: Negotiable
Price per sqm living or other space: € 2,870.00
Parking possibility: 1 garage, 1 parking space
Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 5.95 %
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.
The special qualities of the property: Well-maintained, family-owned apartment block for sale in good hands. Reliable tenants, good rental income. Yield property with good substance and good future prospects.
Type of Land plot: Inner city
Size of Landplot: 386.00 m²
Quality of living area: Middle position
Does the property have oversize or is it additionally buildable:
No
Year of construction: 1967
Comment regarding year of building: Construction file available
Detailed description of the object:
The building was built as part of a family fortune as a secure pension provision. A generational change has now taken place and part of the portfolio is being sold.
Photovoltaics with optimal orientation (because of flat roof) is possible.
The roof was completely renovated and insulated in November 2022 in accordance with the EnEv (Energy Saving Ordinance) regulations valid at the time of the renovation.
Parking options:
Single garage
Weitere Parkmöglichkeiten: A parking space in addition to the garage available
Type and age of windows:
Thermal insulation glazing partly double, partly triple; plastic windows, have been renewed in the last 20 years.
These windows are either Ug 1.1 or Ug 0.6 W/m2K.
Year of essential refurbishment of the special property (apartment): 2021
Kind and extent of refurbishments:
See appendix Modernizations and renovations
Cellar layout: There is a heated area in the basement as well as a laundry room, boiler room, flat cellar and a separate bicycle cellar that can be accessed directly from the outside.
Type of energy performance certificate: Residential building demand certificate
Residential Building - Final Energy Value: 190.00 kWh/m²a
Primary energy demand: 190.00 kWh/m²a
Main energy source: Natural gas
Year of construction of building according to EPC: 1967
Year of Construction of the heat generator according to EPC: 2020
Energy consumption for hot water included: included
Energy efficiency class: F (< 200)
Date of Energy Performance Certificate: 3 Jul. 2024
Type of heating and warm water preparation: Gas
Age of heating system (approx): 4 Jahre years
Air condition: No
Photovoltaics available?: No
Solar collectors for hot water available?: No
Other technical information: The flat roof has been renovated and is suitable for solar modules
Description of location:
The well-kept corner house with a green front garden is located in a quiet street with little traffic. Doctors, pharmacies and shopping facilities are within walking distance. Motorway access in all directions just a few minutes away by car, as are the Main-Taunus-Zentrum and the Eschborn and Sossenheim industrial estates (also easy to reach by bike). Bus stop for lines 52, 55 and 58 (Messe, Rödelheim railway station, Höchst, Airport Terminal 1). The Sulzbachwiesen nature reserve and local recreation area begins approx. 150 metres away. The arboretum in Eschborn and the Vordertaunus with its pubs and beer gardens can be reached on foot or by bike. The Nidda and the Frankfurt green belt can be reached via the Sossenheimer Unterfeld.
City district: Sossenheim
Public transport connection:
By bus to the S-Bahn
General noise level of location: Quiet
MFH Number of residential floors total: 3
Living area: 388.00 m²
Type of construction: Solid construction (reinforced concrete construction)
Number of flats (apartments) in building: 5
Number of flats (apartments) per full size storey: 2 im EG und 1. OG, 1 im 2. OG
Attic storey developed: Flat roof
Basement (cellar area): The house has a full basement
Heatable living or usage rooms in basement: Approx. 45 m²
Number of full sized storeys: 3
List of apartments: See separate rental statement (PDF file)
Current net rent per month: € 4,240.00
Is the property fully rented out: Yes
Detailed rental schedule: See attachment PDF file
Other operating costs : The non-recoverable operating costs for:
Techem billing service € 727.09
Techem smoke alarm € 80.61
Örag landlord's legal protection € 88
R+V rent cancellation insurance € 254.87
Repairs and modernisations vary from year to year.
Margin in % (annual net rent : purchase price): 4 %
Factor (Multiplier of the annual cold rent): 25.60
Development area: 45 m²
Renovations done in the building: See separate modernization list
Renovations to be done in the building: No renovation backlog
What is the outstanding feature of this property: All good things come in threes: reliable rental income, good tenants, very solid building fabric
About reason for sale: Generational
Appointments for viewings: Must be coordinated with the tenants
Note regarding the photos: Partly AllGrund; partly owner photos
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).