Apartment building with a commercial premises, Frankfurt am Main, Germany

Additional information is provided after the signing of an NDA

Apartment building with a commercial premises, Frankfurt am Main, Germany

2,650,000 €
Mortgage calculator
Send a request
Total area: 655 m² Yield: 6.4% Built in 1958
Send a request
Features
  • Operating Incomе: 169,200 €
  • Land area: 190 m²
  • 4-floor building
  • Most recent total renovation: 2015
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

Four-storey building.

Description

The total area of the property is 655 m². 

The living area is 465 m². The commercial area is 190 m².

The building was built in 1958 and was renovated in 2014–2015.

The building consists of 10 apartments and 2 commercial units.

Financial performance

Absolute annual income is 169,200 €

The current yield of 6.38%. 

Tenants

The commercial premises are leased out to a cafe.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

Brokerage fee is 5.95%.

Location and nearby objects

The house is located in the heart of historical area — Frankfurt-Sachsenhausen. 

Museums and a promenade are situated nearby. 

The airport can be reached in 15 minutes by car or metro.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Frankfurt am Main elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartment building
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services