| Type | Block of flats |
|---|---|
| Living area approx. | 235 m² |
| Year built | 1980 |
| Bedrooms | 6 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 9 |
| Bathrooms | 5 |
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 347 m² |
|---|---|
| Parking spaces | 3 |
| Condition | Well kept |
| Floors in the building | 3 |
| Usable floor area | 88 m² |
| Purchase price | 1.125.000 € |
|---|---|
| Price per m² | 4,787.23 €/m² |
| Commission | no commission for buyers |
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Three-family house with strong potential for appreciation and loyal tenant structure.
For sale is a well-maintained three-family house with strong potential for appreciation and loyal tenant structure.
The house is located on a quiet residential street in Frankfurt’s Kalbach district.
The district combines established village charm with the modern infrastructure of the directly adjacent Riedberg and perfect connections to Frankfurt city center.
The house contains three well-laid-out three-room apartments: attic floor with loggia and shower/bathtub bathroom, 1st floor with balcony, shower and bathtub bathroom,
ground floor with terrace, garden, shower and bathtub bathroom, hobby room accessible via spiral staircase, total area 119.70 sqm.
In the basement: four apartment storage rooms, laundry room, boiler room. Usable area approx. 46.76 sqm.
Windows were replaced between 2015 and 2018.
Front doors in 2010.
Apartment entrance doors in 2014.
The attic floor (collar-beam construction) has been additionally insulated.
Four bathrooms have been renovated.
Heating system in 2023, radiators replaced around 2013.
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For sale is a well-maintained three-family house in a sought-after and quiet location in FFM Kalbach below Riedberg.
The property is ideally suited as a long-term investment for value-oriented investors.
Rental situation and potential.
A reliable elderly gentleman lives in one apartment; he has occupied and maintained the house for almost 50 years. The apartment includes a 36 sqm hobby basement room connected to the apartment by a spiral staircase. The room has been converted.
This absolutely harmonious and secure tenancy is to be continued.
Current rents average a moderate 12€/sqm.
There is a possibility of increasing the rent for two apartments by approximately 15 percent.
Upon re-letting, the annual rent could be around 50000€.
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