Flat for sale 1 bedroom • 40 m² without real estateErich-Ollenhauer-Straße 32E Wiesbaden Wiesbaden Hessen 65187
Erich-Ollenhauer-Straße 32E Wiesbaden Wiesbaden Hessen 65187Public transport 3 minutes of walking • Lift • GarageFor sale is a charming one-room apartment with approximately 40 m² of living space at Erich-Ollenhauer-Straße 32e. This unit is perfectly suited for capital investors seeking a combination of solid returns, tax advantages, and a worry-free initial rental guarantee.
Highlights for capital investors:
Purchase price: €168,000
Living space: approx. 40 m²
Cold rent: €700 per month (€8,400 per year)
Attractive gross rental yield: approx. 5%
Initial rental guarantee: The seller will secure the first lease for you – immediate rental security!
What is being renovated/refurbished?:
- New flooring and walls throughout the apartment
- New bathroom (including plumbing and components)
- New distribution board
- New doors, skirting boards, etc.
Very good condominium management:
Approximately €1,000,000 in reserves
- This means sufficient reserves for any potential future measures
- The underground parking garage was completely refurbished a few years ago.
- New elevator & intercom system
- Roof repairs
Tax advantage: The renovation will be carried out after the purchase and notarized, thereby qualifying as immediately deductible maintenance expenses – a significant tax advantage for you as an investor. The renovation is included in the purchase price!
Depreciation (AfA) is possible at around 3.5-4%. An appraiser’s contact is available.
Special feature:
The combination of solid rental yield, tax-deductible renovation, and guaranteed initial rental makes this offer unique. This investment is highly attractive for both experienced investors and those purchasing their first property.
The Erich-Ollenhauer-Straße in Wiesbaden-Biebrich offers excellent infrastructure with quick connections to the city center and the Rhein-Main area. Shopping facilities, public transport, and leisure options are in the immediate vicinity – an ideal location for tenants.
Kalyon Immobilien GmbH
Opernplatz 14, 60313
Frankfurt am Main
Property characteristics
| Listing ID | 939997 |
|---|---|
| Layout | 1 bedroom |
| Floor | 4. floor out of 11 |
| Age | Over 5050 years |
| Usable area | 40 m² |
|---|---|
| Condition | After reconstruction |
| EPC | F - Very uneconomical |
| Price per unit | €4,225 / m2 |
What does this listing have to offer?
| Balcony | |
| Lift | |
| MHD 3 minutes on foot |
| Basement | |
| Garage |
What you will find nearby
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