Flat for sale Studio • 51 m² without real estateFrankfurt am Main Nied Hessen 65934

Below is the English translation of the text:

"Well-Maintained Capital Investment with Foresight: For sale is an approximately 51 m² large 1.5-room apartment on the 7th floor of a very well-managed residential building in Frankfurt-Nied. The apartment impresses with a well-thought-out floor plan and was comprehensively modernized at the beginning of 2021.

The apartment is leased long-term and reliably. The current monthly cold rent is €780 for the apartment plus €65 for the associated underground parking space (total cold rent: €845 per month). This corresponds to an attractive gross rental yield of approximately 4.7%.

Particularly noteworthy is the solid financial standing of the homeowners' association (reserves of approximately €573,000). A planned complete renovation of the building, scheduled for 2026, has already been approved and is financed by the reserves, offering you as the buyer technical future security without additional special assessments.

Alzeyer Straße offers excellent infrastructure in western Frankfurt.

- Mobility: Frankfurt-Nied S-Bahn station and tram lines 11 and 21 can be reached within a few minutes on foot.

- Ideal Connection for Commuters: Only about 10 minutes’ drive to the Höchst industrial park or Frankfurt Airport.

- Frankfurt city centre is only about 10-15 minutes away by car.

- Local Amenities: A supermarket (Nahkauf) is located in the immediate vicinity. Pharmacies, doctors, and further shopping opportunities are within walking distance.

- Leisure: The nearby Nidda riverbank invites you to enjoy walks and sports activities in nature.

The apartment was modernized in spring 2021 and presents itself in a contemporary condition:

- Kitchen: Modern fitted kitchen (2021) including all appliances.

- All water and electrical wiring in the apartment has been replaced.

- Bathroom: Renovated shower room with high-quality fixtures and modern tiles (2021).

- Flooring: High-quality design vinyl flooring with a wood effect as well as tiles in the bathroom and kitchen (2021).

- Loggia: Generous outdoor area with an unobstructed distant view facing south, equipped with a new awning (2023).

- Windows: Thermally insulated windows for good energy efficiency.

- Additional Spaces: A private storage room (approx. 10 m²) as well as a secure underground parking space are included in the offer.

In 2024, a new awning and a new pigeon protection net were installed on the apartment’s balcony.

The sale is conducted privately, with no real estate agent commission charged.

Monthly service charge: approximately €273 (including the garage).

Energy: Consumption-based energy certificate (134.1 kWh/(m²a), Class E, gas central heating)."