House for sale • 235 m² without real estateFrankfurt Kalbach Hessen 60437

Solid Investment Property in FFM Kalbach

Triplex with strong potential and loyal tenant structure.

For sale is a well-maintained triplex with strong potential and a loyal tenant structure.

For sale is a well-maintained triplex in a sought-after and quiet area of FFM Kalbach, below Riedberg.

The property is ideally suited as a long-term investment for value-oriented investors.

Rental Situation and Potential

In one apartment lives a reliable elderly gentleman who has resided in and maintained the property for almost 50 years. The apartment includes a 36 m² hobby cellar room, which is connected to the apartment via a spiral staircase. The space is developed.

This absolutely harmonious and secure tenancy is intended to continue.

The current rents average at a moderate €12 per m².

For two of the apartments, there is the possibility of a rent increase of approximately 15 percent.

For new rentals, the annual rent could be around €50,000.

The house is situated in a quiet residential street in the Frankfurt district of Kalbach.

The district combines the traditional village charm with the modern infrastructure of the adjacent Riedberg and offers an excellent connection to downtown Frankfurt.

In the house there are three well-proportioned three-room apartments on the attic floor, with a loggia and shower/tub bathroom; on the first floor, there is a balcony, shower and tub bathroom; on the ground floor, there is a terrace, garden, shower and tub bathroom, and a hobby room accessible via a spiral staircase, with a total area of 119.70 m².

In the basement: four apartment cellars, a laundry room, and a boiler room. The usable area is approximately 46.76 m².

The windows were renewed between 2015 and 2018.

Entrance doors were installed in 2010.

Apartment entry doors were replaced in 2014.

The attic (in the knee wall area) has been retrofitted with insulation.

Four bathrooms have been renovated.

Heating was installed in 2023, and the radiators were renewed around 2013.

Photographic material is not complete due to tenant protection.

Starting with the title image, then the ground floor apartment, the attic apartment, the basement, and the garage.

There are no pictures of the first floor!

Interested parties are requested to contact with:

Full name, address, and telephone number.

Real estate agents, please refrain from inquiring!