Commercial apartments and offices in a modern building, in a posh district of Frankfurt on the Main, Germany

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Commercial apartments and offices in a modern building, in a posh district of Frankfurt on the Main, Germany

4,500,000 €
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Total area: 1,143 m²
  • Absolute return: 190,000 €
  • Land area: 1,365 m²
  • 4-floor building
  • Number of parking lots: 8
  • Total rooms: 8

The four-storey tenement building of 1,143,55 m², with a penthouse is situated on a plot of 1,365 m² with a garage for two cars and six outdoor parking spaces. The house is in tip-top condition.

Description

The house consists of:

  • Two offices with areas of 190 m² and 245 m²
  • Flat of 142 m² with a garden
  • Flat of 246 m²
  • Penthouse of 160 m²
  • Three flats of 50 m²

Quality renovations were made in all the apartments. The flats are rented fully furnished.

Advantages

At client's pleasure, one of the flats can be vacated for personal use.

Financial performance

Net profit is 190,000 euros per year.

The cost of ownership

The building is located in one of the best and the most expensive districts of Frankfurt on the Main — Frankfurt Sachsenhausen. Main and the city center with all the sights are within a 15-minute walk. Sachsenhausen district is a popular tourist destination with numerous restaurants with traditional German cuisine. All necessary infrastructure, a forest, tennis courts, shops, boutiques are in close proximity to the house.

Location and nearby objects

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Frankfurt am Main
+44 20 3608 1267
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