In a nutshell:
Solid three-family house in Frankfurt-Sossenheim with ongoing income, a vacant unit, and four garages – a property with development potential at a fair entry-level price.
Year of construction: 1954
Detailed description of the object:
A three-family house built in 1954 is for sale at Hachenburger Strasse, Frankfurt-Sossenheim. The property offers approx. 240 m² of living space in three apartments, a 391 m² plot and four garages.
First floor: 91 m², 3 rooms, not modernized, rented (former tenant)
Second floor: 86 m², 3 rooms, vacant, in need of renovation
Top floor: 63 m², 3 rooms, modernized, rented out
The current rental income amounts to € 15,496 p.a. (ground floor + top floor). By renting out the vacant apartment on the 1st floor and the garages, there is a realistic rental potential of approx. 28,000-30,000 € p.a.
Energy-efficient renovations (windows, heating, roof and basement ceiling insulation) are planned.
Key figures:
- Year of construction: 1954
- Plot of land: 391 m²
- Total living space: 240 m²
- 3 residential units, 4 garages
- Energy requirement: 243 kWh/(m²a), class G
- Purchase price: €595,000
Parking options:
Multiple-vehicle garage
Comments regarding parking situation:
Four single garages