Flat for sale 1 bedroom • 37 m² without real estateDreieichstraße 21, , Hesse

For sale is a rented one-room apartment in Dietzenbach with approximately 37m² of living space, a balcony, a personal cellar storage room, and a parking space. The apartment is located on the 5th floor of a multi-family building built in 1972 and is accessible without steps via an elevator.

The apartment was comprehensively gutted and renovated in 2025/2026. Among other things, the entire bathroom, flooring, walls, interior doors, electrical system including a new fuse box, and the plumbing in the bathroom were renewed.

Rental Income & Service Charges

The apartment has been rented furnished since July 2026, with a monthly net cold rent of:

- 675 € for the apartment

- 65 € for the parking space

⁠= 740 € monthly net cold rent

= 8,880 € annual net cold rent

The monthly service charge amounts to 333.55 €, of which 165.16 € is transferable.

At a purchase price of 128,000 €, this corresponds to a gross rental yield of approximately 6.9%.

The warm rent is 890 €.

The lease agreement includes a stepped rent arrangement for eight years with an annual increase of 22 €. After the eight-year period, the rent automatically switches to index rent.

Features

The apartment features a large south-facing balcony with views over Dietzenbach. The wide window front to the balcony allows plenty of daylight to fill the living area, making the apartment feel very bright and open. In addition, the apartment comes with a new built-in kitchen (rented as part of the apartment) including a dishwasher.

Location

The apartment is situated in a quiet 30 km/h zone yet is very well connected. A bus stop is reachable on foot in 4 minutes. The Rathaus-Center Dietzenbach, as well as additional shopping opportunities, a daycare center, and a school, are within a few minutes’ walk. It takes approximately 20 minutes to Offenbach and about half an hour to both Frankfurt and Darmstadt. With the S-Bahn connection, you can also reach Frankfurt and Offenbach quickly without a car.

Building & Energy Certificate

- Type of energy certificate: Energy consumption certificate

- Final energy consumption: 186.1 kWh/(m²·a)

- Energy efficiency class: F

- Main energy source: Local/district heating from fossil fuel-based heating plants

- Building year: 1972

- Year of heating system: 1998

Other

Currently, the building’s facade panels are being renovated. Special assessments have already been paid for this. According to my calculations, further special assessments amounting to approximately 4,200 €, spread over several months/years, can be expected. This is my estimation based on the resolutions available and is not a binding statement.

Investors can save a significant amount of taxes with a remaining useful life appraisal: An initial assessment from nutzungsdauer.com indicates a possible shortened remaining useful life of 28–34 years and a depreciation rate of up to 3.6%.

The sale is commission-free directly from the owner.