House for sale • 1146 m² without real estate, Hesse

Price

- Bids starting at 23 times the annual net cold rent (153,180 Euro)

- Directly from the owner without any additional broker commissions

Areas

- Plot area: approx. 2,205 sqm

- Living area: approx. 1,146 sqm

- All areas (living area + usable area + other areas): approx. 2,187 sqm

- Volume: approx. 7,211 m³

Current Building

- Residential building from 1966 (continuously modernized) with 3 floors (all without sloping ceilings)

- 18 (2x9) residential units

-> 12 apartments (3-room) each approx. 70 sqm

-> 6 apartments (2-room) each approx. 51 sqm

- All residential units have a balcony and a separate basement room

- Additional rooms are available in the basement (for caretaker, bicycles, etc.)

- 16 garages + 5 parking spaces (+ an additional 2 approved parking spaces that have not yet been constructed + another 3 non-permission parking spaces possible)

- Deviating from the 1966 plans, the following was approved:

-> Different location of the waste collection points

-> The 5 parking spaces facing the street in extension of the garages

Rental Income - Tenant Structure

- Investment property with a selective tenant structure and reliable rental income

- The property is in good overall condition and can be seamlessly taken over for re-letting

- We do not have a property management company and personally select each tenant (self-disclosure, credit report, etc.)

- 10 years in our possession and not a single rental default + over 99.7% rented

- 6 months vacancy in 10 years – and that only because we carried out modernizations (new flooring, wallpaper, etc.) during that period

- The figures are verifiable and can be used for financing

-> Upon request, we are happy to put you in contact with our financing bank, which knows the property well and would be willing to further finance it

- Net rental income (excluding additional costs): Target: 153,180 Euro / Actual: 153,180 Euro

- All data from the last 10 years is complete and can be reviewed

Location - Surroundings - Infrastructure

- Excellent location (directly in Seligenstadt) with very good infrastructure (kindergarten, schools, city center, doctors, hospitals, public transport, etc.)

- The building is located in the middle of an established, quiet residential area with surrounding two-story buildings (+ pitched roof)

- Very good connection to the A3 motorway

- Strong catchment area (population figures as of 2024/2025)

-> Seligenstadt with approx. 21,300 inhabitants and a central location in the surrounding conurbation

-> Frankfurt am Main with approx. 780,000 inhabitants + approx. 28 km away

-> Offenbach district with approx. 358,000 inhabitants + approx. 20 km away

-> Aschaffenburg district with approx. 177,000 inhabitants + approx. 20 km away

-> Hanau with approx. 100,000 inhabitants + approx. 18 km away

Target Groups in General - Utilization & Development

For all target groups:

- Conversion of the attic (approx. 300 sqm additional living space) is possible within the existing structure

- According to the new HBO 2025, no additional parking spaces are required for the attic conversion (written confirmation is available from the building authority)

- The staircase already reaches the attic - thus making the conversion straightforward

- Large, flat plot with a very good layout

- A plot of this size + with the building utilization (3 full floors + additional attic expansion possible) is very rare in Seligenstadt

- Higher utilization (+ higher plot price) and more living space are possible than in the surrounding two-story residential buildings

- The prices for plots with comparable building utilization are in reality considerably higher than the guideline price (925 Euro/sqm) of the city of Seligenstadt

Target Group - Private Individual(s) (like me)

- As a retirement provision and long-term investment

- Under current legal conditions, can be sold tax-free after 10 years

- In the last 10 years, the plot price has risen by more than 130%

- In the last 10 years, rental income has increased by more than 53%

- The rents are currently still below the average (existing properties) for comparable apartments in a similar location in Seligenstadt

- Financing model available with our financing bank with low equity capital

- Support during the handover + instruction in the additional cost settlement, etc.

Target Group - Investors/Developers -> Renovation

- Division according to the condominium act (WEG) to be able to sell the apartments individually

- Possibility of renovation + sale of the renovated apartment upon tenant move-out

- Ideal for smaller developers/contractors who want to renovate and sell piece by piece

- The rental income covers the financing

- Very little equity capital is required, since new capital is generated after the sale of the first apartment

- No need for interim financing + high capital requirements as in demolition and new construction

- I (architect) am happy to discuss the concept with you in detail

Target Group - Investors/Developers -> New Construction (according to the new B-Plan 2026)

- Demolition + new construction of condominiums with underground garage, etc.

- With demolition + new construction, significantly more living space is possible than currently available

- Excellent location + maximum utilization due to the very good layout of the plot

- 3 floors + attic conversion as a non-full floor is possible

Further Documents

If you are interested, please send us a message.

Please include your email address, your telephone number, as well as a few sentences about yourself and which target group you belong to.

You will then receive from us a link (including password) through which you can view further information and documents (existing plans, development plan, site and open space plan, detailed area calculations, energy certificate, photos of the apartments, etc.).