Yield apartment with fast access to the main station: No commission & depreciation potential

Key facts

Purchase price & costs

About this apartment

For sale without commission: rented one-room condominium on the 4th floor of a multi-family building in Frankfurt-Nied, built in 1973. The apartment is conveniently accessible by elevator and offers approximately 32 m² of generously proportioned living/sleeping space with an open kitchenette, which is included in the purchase price.

The bathroom is located inside the apartment and is equipped with a bathtub and toilet. The apartment has its own outdoor seating area via the loggia. A separate storage room in the basement also belongs to the apartment. The floors are tiled.

There is no private parking space; according to information provided, renting one from neighbors in the building may be possible.

The apartment has been continuously rented to the same tenant since 2016 (unlimited rental agreement). The current net cold rent is €520/month and is based on a rent increase mutually agreed between the landlord and tenant, to which the tenant expressly consented.

The sale is commission-free directly from the owner – no buyer’s commission is payable.

Energy certificate (mandatory information pursuant to Section 87 GEG): consumption certificate, final energy consumption 117 kWh/(m²·a), primary energy source natural gas L, year of construction 1973, energy efficiency class D.

All information is provided to the best of our knowledge, without guarantee; the purchase agreement and declaration of division are authoritative. Subject to prior sale and errors.

Fittings and features, as described

-1-room apartment on the 4th floor, elevator available
-Living area approx. 32 m², living/sleeping area with open kitchenette
-Fitted kitchen available
-Interior bathroom with bathtub and toilet
-Loggia available
-Tiled floors
-Storage room in the basement available
-Central gas heating (natural gas L)
-Rented since 2016, open-ended lease with an uncomplicated tenant, net cold rent €520/month
-Total service charge €205/month (of which €45 reserve fund and €40 non-allocable)
-Very professionally managed owners’ association
-Annual allocation to the maintenance reserve of the overall owners’ association €120,000

For investors: A preliminary estimate of the remaining useful life resulted in 16–24 years. A preliminary financing check by a professional and experienced financing partner has been carried out. The completeness of the documents has been verified, and indicative financing options, subject to appropriate personal creditworthiness, are available for review. There is therefore nothing standing in the way of a swift purchase transaction. In addition, under certain conditions and following an individual assessment, part of the purchase price amounting to up to approx. €10,000 may be structured as a seller’s loan. This makes a purchase requiring little equity possible. All points mentioned are non-binding indications without guarantee; we would be happy to discuss the details and conditions with you personally.

Other

Provider:
Arne & Drazena Immo GmbH
Birminghamstraße 117, 65934 Frankfurt am Main
Represented by the managing directors: Arne Lindemann and Drazena Lindemann
Telephone: 06917498930
Frankfurt am Main Local Court, HRB 129429
VAT ID No. DE440355826
The sale is commission-free and directly from the owner; no brokerage activity is conducted towards the buyer, and no buyer’s commission is payable.

Note for investors: For existing properties of this construction period, the actual useful life is, based on experience, often significantly shorter than the statutory standard useful life of 50 years, with corresponding potential for higher depreciation for tax purposes. In addition, a financing partner has conducted a preliminary review of the property with regard to possible financing models and the completeness of the documents. Both notes are non-binding and subject to change and do not constitute legal, tax or financing advice; the prospective buyer must conduct the review with their tax adviser or bank.

All information is provided to the best of our knowledge and without guarantee; the purchase agreement and declaration of division are authoritative; subject to prior sale and errors.

Location

Location details

Frankfurt-Nied is an established district in western Frankfurt on the Nidda, near its confluence with the Main. The district combines peaceful living with very good connections to Frankfurt city centre.

Frankfurt-Nied S-Bahn station is within walking distance and is served by lines S1 and S2; during the day, trains run frequently towards the central station (just 2 stops to the central station), Höchst and Wiesbaden. The tram is also within immediate walking distance and runs directly to the central station. Lines 11 and 21 run here at frequent intervals towards the city centre and Höchst. Several bus lines also provide good connections to the surrounding districts.

Shops, doctors and restaurants are available in the town centre for everyday needs. Green spaces along the Nidda and the Main riverbank areas offer local recreation nearby. The A5/A66 motorways and the B40 can also be reached within a few minutes by car, as can Frankfurt Airport, which is accessible within a few minutes by car or by S-Bahn in a short journey—an advantage particularly for frequent travellers and professionally mobile tenants.

The compact apartment size in this sought-after location particularly appeals to singles, commuters and young professionals—an advantage for long-term rental potential.