Apartments in the heart of Frankfurt

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Apartments in the heart of Frankfurt

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Total area: 147 m² Yield: 4.6% Built in 1950
  • Absolute return: 27,720 €
  • 3 floor
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 3

It is three apartments package in Central Frankfurt.

Description

The total area of two-bedroom apartments is 147 m², the apartment area of of 48 m² is situated on the ground floor, the other two apartments area of 49 and 50 m² are on the second floor.

The house was constructed in 1950, renovated in the 1990s and now is in good overall condition.

The apartments are fully leased out.

It is possible to buy apartments apart.

Features

  • kitchen;
  • bathroom;
  • balcony.

Financial performance

Absolute income is 27,720 €.

The current yield of 4,6%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Location and nearby objects

The house is located in central and quiet part of Frankfurt.

Shops, supermarkets, restaurants and public transportation are within the walking distance.

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Hospitals
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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Frankfurt am Main
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