House for sale • 934 m² without real estateKirchstraße 26, , Hesse

6.51% yield · extensively renovated · Energy Efficiency Class B · no buyer’s commission. Offered for sale is a fully basemented apartment building comprising 12 residential units on an approx. 1,285 m² plot in Heidenrod-Nauroth. Constructed in 1962 using solid masonry, the building has undergone continuous modernisation since 2023, with the main work carried out in 2025/2026.

Income and letting: The target annual rent for the apartments is EUR 104,694.96. In addition, 14 outdoor parking spaces at EUR 20.00 each and four garages at EUR 40.00 each offer separate potential rental income of EUR 5,280.00 p.a. This results in total target rental income of EUR 109,974.96 p.a. Based on a purchase price of EUR 1,690,000, this corresponds to a target gross yield of 6.51% and a purchase price multiplier of 15.37. Two apartments are already let. Once the work has been completed, the remaining apartments will be vacant and can be newly let by the purchaser in accordance with their letting strategy. The figures are based on the rent schedule and do not constitute a rental guarantee.

The units range from compact one-room apartments to the largest apartment, measuring approx. 149 m². Eight apartments are partially furnished, and all 12 apartments have fitted kitchens. The kitchens and existing furnishings are included in the purchase price. The property has a full basement, with additional storage rooms and basement storage units. A certificate of separate ownership is available. A declaration of division has deliberately not yet been drawn up, allowing the purchaser to arrange the future subdivision and potential sale of individual units by notarised deed in accordance with their own requirements. The extensive modernisation work was carried out primarily in 2025/2026.

An existing appraisal applies an increased annual depreciation rate of 2.85%. Tax recognition and the impact on the individual owner must be clarified on a case-by-case basis with a tax adviser and the competent tax office. We can assist with raising capital or arranging financing upon request. We will be pleased to provide a detailed rent schedule and further property documentation following initial contact. Viewings are available by appointment.

Heidenrod-Nauroth is located in the Rheingau-Taunus district on a ridge in the Wispertaunus region, combining peaceful living with good access to the Rhine-Main metropolitan area. The L 3035 provides access to the B 260 after approximately four kilometres. Bad Schwalbach, Taunusstein and Wiesbaden are easily accessible by car; depending on traffic, Wiesbaden is around a 30-minute drive away.

A local bus stop connects Nauroth with the surrounding area via routes 202, 205 and 275. A pharmacy and primary healthcare services are available in Heidenrod-Laufenselden. Shops, schools and other everyday amenities can be found in the surrounding districts and in Bad Schwalbach. The nearby Wisper Valley, Rheingau, Aar Valley and Lahn Valley offer numerous recreational opportunities.

Modernisation from 2023 to 2026, with the main work carried out in 2025/2026:

• energy-efficient heating upgrade under a KfW subsidy programme: hybrid heating system comprising a 12 kW air-to-water heat pump with gas-assisted backup, a 400-litre hot-water storage tank and two hot-water heat pumps

• photovoltaic system with approx. 24 kWp capacity, inverter and battery storage; designed to support the heat pump, with technical provision for tenants to use surplus PV electricity

• left and right sections of the roof upgraded for energy efficiency in 2026, including the substructure and 15 cm PIR sandwich panels; the loft and top-floor insulation as well as the new sandwich panels were installed in accordance with BAFA funding guidelines

• 16 cm façade insulation, triple-glazed thermal-insulation windows and new insulating glazing in the stairwell

• renewed electrical wiring as well as water, heating and drainage pipes

• modernised bathrooms featuring large-format tiles, wall tiling up to approx. 1.50 m and shower areas tiled to ceiling height

• large-format tiles, vinyl and laminate flooring with impact-sound underlay; interior refurbishment including replacement apartment entrance and internal doors

• renewed balcony railings with frosted-glass panels

• fitted kitchens in all 12 apartments; eight apartments partially furnished

• full basement with additional storage rooms and basement storage units

• newly landscaped grounds with parking spaces, pathways, rolled turf, robotic lawn mower and decorative stones

• network cabling and outdoor camera surveillance

Energy performance certificate: demand-based certificate, Energy Efficiency Class B, final energy demand of 50.9 kWh/(m²·a), main energy source: air-to-water heat pump. The outdoor area has been designed to be well organised and low-maintenance, with lawn care assisted by a robotic lawn mower. The heat pump, photovoltaic system, façade insulation, triple thermal-insulation glazing and energy-efficiently upgraded roof sections contribute to efficient building operation. Actual ancillary costs will depend on use and consumption.

Provider / Legal Notice:

Fransen Immobilien GmbH

Königsberger Straße 28

56269 Dierdorf

Represented by Managing Director Alfred Fransen

Email: kontakt@fransen-immobilien.de

All information is provided to the best of our knowledge but is non-binding and intended for initial information purposes only. Floor-area and rental figures must be verified against the available documentation. The property may be sold prior to completion of a transaction, and changes are reserved.