Flat for sale 5+kk • 141 m² without real estateRodgaustraße 12, , Hesse

For sale is a well-appointed and reliably rented condominium on the raised ground floor of a well-maintained multi-family building at Rodgaustrasse 12.

The property is ideally suited as a capital investment and impresses with a stable rental structure as well as an indexed lease agreement.

The apartment offers a total of 5.5 rooms, including a spacious living room with access to a large terrace. Additionally, there are several well-utilized bedrooms as well as rooms that can serve as a child's room or home office. A daylight bathroom with a bathtub and shower, a separate guest toilet, and a practical storage room ensure a functional and family-friendly layout.

The features include, among other things, modern flooring, PVC windows with insulated glazing, a bicycle storage room, and an underground parking space.

Modernization measures have already been undertaken on the building. For example, the roof has been renewed and the riser pipes are currently being modernized, thereby steadily improving the technical infrastructure of the property.

The apartment is located in a quiet residential area with good infrastructure. Shopping facilities, schools, and everyday amenities are easily accessible. Thanks to the nearby S-Bahn connection, Frankfurt can be reached in approximately 20 minutes.

The apartment is soundly and reliably rented, making it an attractive opportunity for capital investors.

Key figures for the investment property:

- Current net cold rent (indexed lease): €1,385 / month

- Non-recoverable costs including reserves: €193 / month

- Annual net cold rent: €16,620

- Purchase price of the apartment: €279,000

- Underground parking space: €15,000

- Total investment: €294,000

- Energy efficiency class: C

With the indexed rent, solid tenancy, and both completed and ongoing modernization measures on the building, this property offers an attractive and long-term stable capital investment.