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6% Return on Investment | Renovated Dream Apartment in a Prime Location | Frankfurt - Bockenheim | High-Yield Investment.

Konrad-Broßwitz-Str. 32, 60487 Frankfurt Bockenheim (Bockenheim) – Hessen
547.500 €
4
Room
67 m²
Living Area
Private offer
Apartment
Attic apartment

For sale is a high-quality, fully renovated 4-room apartment, specifically designed for rental as a shared living space (student housing) and already successfully rented out. Thanks to its well-thought-out layout and attractive features, this property is ideal as a high-yield investment. The apartment features four spacious, separate bedrooms, two modern bathrooms, and an open-plan living and kitchen area with a high-quality fitted kitchen. The intelligently designed layout offers tenants a high level of comfort while simultaneously ensuring optimal rental potential. During the comprehensive renovation, all essential building systems were renewed. This includes the complete electrical and plumbing installations, high-quality flooring in a modern herringbone pattern, smooth plastered walls and ceilings of Q3 quality, stylish interior doors, and two modern bathrooms with high-quality fixtures and a timeless design. The apartment is fully rented out as a shared living space and generates a monthly gross rent of €2,650. This proven rental concept offers stable rental income and makes the property particularly attractive to investors looking for an immediately profitable investment without renovation costs. This is a rare opportunity to acquire a ready-to-move-in, comprehensively renovated, and fully rented investment property with a sustainable rental concept and attractive rental income.

Are you interested in this apartment?

Object Number
OM-471205
Object Class
Apartment
Object Type
Attic apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
547.500 €
Purchase additional costs
approx. 39,825 €
Total costs
approx. 587,324 €
HOA fee
214 €

Breakdown of Costs

Purchase price 547.500 €
Real estate transfer tax 32,850 € (6.00%)
Notary costs 4,617 € (0.84%)
Land register entry 2,358 € (0.43%)
Broker commission 0€ (0%)

* 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: 1,975€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on nirqovalen.shop

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.41%

Details

Condition
Rehabilitated
Number of floors
4
Level
4th floor
Usable area
8 m²
Bathrooms (number)
2
Bedrooms (number)
4
Flooring
Tiles, Vinyl / PVC
Heating
Floor heating
Year of construction
1900
Equipment
Basement, Full bath, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The apartment is located in a highly desirable residential area in the Bockenheim district of Frankfurt, one of the most sought-after and vibrant neighborhoods in the Frankfurt metropolitan area. Konrad-Broßwitz-Straße offers a quiet residential atmosphere while also providing excellent access to the city center.

Shops for everyday needs, cafes, restaurants, doctors, and pharmacies are all located in the immediate vicinity. Public transportation links are also excellent – bus, tram, and subway stops, as well as Frankfurt Westbahnhof station, are easily accessible, providing quick connections to the city center, the main train station, and the airport.

The location is particularly attractive due to its proximity to several universities and numerous major employers. This results in consistently high demand for high-quality housing, especially for shared apartments.

The combination of urban living, excellent infrastructure, and its excellent rental potential makes this location particularly interesting for both owner-occupiers and investors.

Location Check

Eating Out
100m
Public Transport
200m
Shopping
150m
Culture
150m
Sports
250m
Health
150m
Nightlife
100m
Child Friendliness
150m
Nature
400m

Energy

Main energy source
Gas

Miscellaneous

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: Leopold Krey