House for sale • 511 m² without real estateFrankfurt/Main Sachsenhausen Hessen 60596
Frankfurt/Main Sachsenhausen Hessen 60596Price€1,200,000
Translated with the help of AI
The house, built in 1914, is located in the heart of Sachsenhausen. It was purchased in a completely dilapidated condition in 1952 by the current owner’s grandparents and was fully restored and renovated from the ground up.
It has since been restructured and converted to accommodate 13 tenants and has done so for more than 20 years.
The current owner is selling due to his age, as there is no successor and he is relocating abroad.
The current net rental income amounts to approximately €87,000 per year.
The house has 4 bathrooms, 3 kitchens, and 13 rooms.
The existing ground lease expires on June 30, 2045. The annual ground rent is €2,795.14 until 2035.
The calculated net rental income through the end of the lease, without any increases, amounts to €1,711,000.
The City of Frankfurt has indicated that a subsequent 60-year ground lease may be offered from 2045 onward.
The property can be taken over immediately if desired by the buyer.
Property characteristics
| Age | Over 5050 years |
|---|---|
| Floor | 3. floor out of 4 |
| Land space | 211 m² |
| Condition | After reconstruction |
|---|---|
| Usable area | 511 m² |
| Price per unit | €2,348.34 / m2 |
What does this listing have to offer?
| Balcony |
| Basement |
Listing
| ID | 1083060 |
|---|
| Posted | 27/10/2026 |
|---|
What you will find nearby
How far to…:
Price€1,200,000
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