It is an apartment house with commercial premises for sale.
The total area of the five-story building is 781 m², including 614 m² of residential space and 167 m² of commercial space.
The house accomodates seven apartments, four of which have balconies, and two commercial premises.
The building, which is the object of cultural heritage, was constructed in 1898 and needs repairs.
Absolute income is 91,872 €.
Projected income (full occupancy) is 114,000 €.
The current yield of 2,9%.
The projected yield of 3,2%.
Notary fee of 1,5%.
RE purchase tax of 5%. Share-Deal is possible.
The broker's fee of 5,95%.
Location and nearby objects
The property is situated in the center of Frankfurt.
Shops, hotels, restaurants, cafes, pharmacies and public transportation are within walking distance.