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Modern, renovated penthouse apartment with a terrace, parking space, and panoramic city views.
60528 Frankfurt-Süd (Niederrad) – HessenThis modernised 2-room apartment in Frankfurt-Niederrad offers investors an attractive combination of a sought-after location, flexible rental potential, and interesting return possibilities. The two well-proportioned rooms are ideal for renting as a furnished shared apartment. Assuming a base rent of approximately €700 per room, the potential total base rent is up to €1,400 per month, or €16,800 per year. This results in a calculated gross rental yield of approximately 5.8% based on the purchase price. Two separate storage rooms in the basement offer additional space. The parking space included in the purchase price further enhances the attractiveness for tenants.
Attractive Rental Concept:
The apartment is particularly suitable for:
* Young professionals and recent graduates
* Employees of the University Clinic Frankfurt
* Students and research staff
* Project staff and management consultants
* Commuters and employees of Frankfurt Airport
Ongoing Costs:
* Building service charges: €423 per month
* Of which €267 is pass-through (reimbursable)
* A homeowners association loan related to the 2025 pipe renovation applies to the apartment. The monthly loan payment is currently €230 and is paid in addition to the building service charges. The remaining term of the loan is currently approximately 10 years.
Are you interested in this apartment?
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Object Number
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OM-470234
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Object Class
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Apartment
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Object Type
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Penthouse
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Is occupied
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Vacant
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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289.000 €
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Purchase additional costs
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approx. 21,478 €
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Total costs
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approx. 310,477 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 1,106€
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Details
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Condition
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First occupancy after renovation
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Number of floors
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5
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Level
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5th floor
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Usable area
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9 m²
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Bathrooms (number)
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1
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Number of parking lots
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1
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Flooring
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Parquet
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Heating
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Central heating
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Year of construction
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1969
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Equipment
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Terrace, Basement, Roof terrace, Elevator, Full bath, Fitted kitchen
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Information on equipment
Modernizations:
The building and apartment have been regularly maintained and modernized. Key improvements include:
* Roof renovation (2002)
* Replacement of windows in the kitchen, bathroom, and living room (2007/2008)
* Balcony renovation (2010)
* Modernization of the kitchen and bathroom (2012)
* Facade renovation (2014)
* Stairwell renovation (2015)
* Extensive renovation of the hot and cold water piping systems (2025)
* Replacement of the intercom system (2025)
* Planned elevator replacement (special assessment already paid)
* Renovation of the bedroom, including replacement of flooring and improvement of wall and door surfaces (2026).
Location
Location – Frankfurt-Niederrad
Frankfurt-Niederrad is a highly desirable residential area in southern Frankfurt, thanks to its excellent infrastructure and proximity to major employers.
In the immediate vicinity, you will find:
* The German Football Association (DFB) campus
* University Hospital Frankfurt
* The Goethe University's medical campus
* The Lyoner Quarter, with numerous companies and office locations.
Due to its excellent connections to downtown Frankfurt, the main train station, and the airport, there is consistently high demand for housing in the area, both from professionals and from students and commuters.
Location Check
Energy
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Energy certificate type
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Demand certificate
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Main energy source
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Gas
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Final energy demand
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163.00 kWh/(m²a)
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Miscellaneous
Conclusion:
This apartment represents an attractive investment opportunity in one of Frankfurt's most sought-after residential areas. The combination of its modern condition, flexible use as a shared apartment, parking space, two storage rooms, and proximity to major employers provides excellent conditions for sustainable rental income.
The recently completed plumbing upgrades reduce the building's future maintenance requirements.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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Offer from: A. Can
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