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

Solid Investment Opportunity in Frankfurt-Kalbach

Three-family house with 235 m² of living space and a 36 m² converted hobby room, offering strong appreciation potential and a stable tenant base.

For sale is a well-maintained three-family house with strong appreciation potential and a stable tenant base.

The property is situated in a sought-after, quiet location in Frankfurt-Kalbach, below the Riedberg district.

It is ideal as a long-term investment for value-oriented investors.

Rental situation and potential:

One apartment is occupied by a reliable elderly gentleman who has lived in and cared for the house for almost 50 years. The apartment includes a converted 36 m² basement hobby room connected to it by a spiral staircase.

This entirely harmonious and secure tenancy is intended to be continued.

Current rents average a moderate €12/m², generating annual rental income of €34,300.00.

There is potential to increase the rent for two apartments by approximately 15%.

If re-let, the annual rental income could amount to around €50,000.

The house is located on a quiet residential street in Frankfurt’s Kalbach district.

The district combines established village charm with the modern infrastructure of the directly adjacent Riedberg district and excellent transport links to Frankfurt city centre.

The house contains three well-designed three-room apartments:

• Attic floor: loggia and bathroom with shower and bathtub

• First floor: balcony and bathroom with shower and bathtub

• Ground floor: terrace, garden, bathroom with shower and bathtub, and hobby room accessed via a spiral staircase; total area: 119.70 m²

Basement: four private storage rooms, laundry room and boiler room. Usable floor area: approx. 46.76 m².

The windows were replaced between 2015 and 2018.

The exterior doors were replaced in 2010.

The apartment entrance doors were replaced in 2014.

Additional insulation has been installed in the attic at collar-beam level.

Four bathrooms have been renovated.

The heating system was replaced in 2023, and the radiators were renewed around 2013.

The photographs are not complete in order to protect the tenants’ privacy.

Starting with the main photo, the images show the ground-floor apartment, attic apartment, basement and stairwell.

No photographs of the first floor are available.

Interested parties are requested to provide:

Full name, address and telephone number.

Real estate agents, please refrain from making enquiries!