Flat for sale 2 bedroom • 49 m² without real estateFrankfurt-Süd Niederrad Hessen 60528

Modernly renovated penthouse apartment with a large terrace, parking space, and an impressive skyline view in one of Frankfurt’s most sought-after residential areas. Thanks to its immediate proximity to the University Hospital, DFB Campus, and Lyoner Quartier, the apartment is ideal for high-quality shared housing rentals or furnished rentals to professionals and commuters.

Two separate basement rooms provide additional storage space. The parking space included with the apartment, which is already part of the purchase price, further enhances its attractiveness for tenants.

Highlights

• Penthouse on the 5th floor

• Large terrace with a skyline view

• Parking space included

• Two basement rooms

• Extensively modernized

• Complete pipe renovation scheduled for 2025

• Elevator renewal already paid

• Suitable for shared housing

• Available immediately

Potential cold rent for shared housing up to approximately €1,400 per month (including parking space). This corresponds to an estimated gross yield of around 5.8%.

Attractive Rental Concept

The apartment is particularly suitable for:

• Entry-level professionals and young professionals

• Employees of Frankfurt University Hospital

• Students and academic staff

• Project employees and management consultants

• Weekend commuters as well as Frankfurt Airport staff

Location – Frankfurt-Niederrad

Frankfurt-Niederrad is one of the most desirable residential areas in South Frankfurt due to its excellent infrastructure and proximity to major employers.

In the immediate vicinity are, among others:

• DFB Campus

• Frankfurt University Hospital

• Goethe University Medical Campus

• Lyoner Quartier with numerous companies and office locations

Thanks to the fast connection to downtown Frankfurt, the main train station, and the airport, there is a consistently high demand for housing – both among professionals and students and commuters.

Modernizations

The building and apartment have been regularly maintained and modernized. The most important measures include:

• Roof renovation (2002)

• Replacement of the windows in the kitchen, bathroom, and living room (2007/2008)

• Balcony renovation (2010)

• Modernization of kitchen and bathroom (2012)

• Facade renovation (2014)

• Staircase renovation (2015)

• Extensive pipe replacement for the hot and cold water systems (2025)

• Replacement of the intercom system (2025)

• Planned elevator renewal (special assessment already paid)

• Renovation of the bedroom, floor coverings, and upgrading of wall and door surfaces (2026)

The extensive pipe renovation has already been completed and is therefore taken care of for the buyer. Financing is provided through an existing homeowner association (WEG) loan with a current monthly rate of €230 and a remaining term of approximately 9 years. This eliminates the risk of a future high special assessment for this measure.

Conclusion

This apartment represents an interesting investment opportunity in one of Frankfurt’s most in-demand residential areas. The combination of its modernized condition, flexible use as shared housing, parking space, two basement rooms, and proximity to major employers offers excellent conditions for sustainable rental.

The already completed pipe renovation reduces the building’s future maintenance needs.