Flat for sale 4+1 • 103 m² without real estatePaul-Ehrlich-Straße 14, , Hesse

This well-maintained condominium, which is already rented out, represents an excellent opportunity for investors who value immediate market-competitive rental income as well as low administrative and maintenance efforts.

The apartment was completely modernized in 2025. The following work was carried out:

• Installation of a high-quality vinyl floor

• Complete modernization of the bathroom including the supply and wastewater pipes

• Renewal of all interior doors, door and window handles

• Optimization of the floor plan: a storage room was integrated into the hallway

• Walls and ceilings were re-plastered and painted

• Electric shutters in the living room

• All shutter cords were replaced

• All electrical outlets and light switches were replaced

• The heating system was renewed in April 2025

The apartment is in a near-new condition and is part of a well-managed condominium community. The maintenance reserve for the unit is approximately €6,000 (total maintenance reserve is about €60,000), which further secures future maintenance by the condominium association.

Key figures, data, facts:

• Net cold rental income: €1,160 per month

• Rental income per m²: €11.26/m²

• Plus parking space: €50 per month

• Total rental income: €1,210 per month

• Potential for rent increases: Yes, as an annual index rent is agreed in the lease

• Gross rental yield: 4.6% (excellent considering the condition of the property and apartment, as well as its location)

• Broker commission upon purchase: None, as I am selling privately

• Parking space: included in the purchase price

With the index rental contract, you safely and effectively increase your cash flow and, at the same time, the property's value. Nothing stands in the way of building your wealth.

For further information or to arrange a viewing appointment, I look forward to your inquiry.

The property is located in a sought-after residential area with good infrastructure. Shopping facilities, public transportation, and other daily amenities are easily accessible.