Flat for sale 2 bedroom • 52 m² without real estateNahestraße 1, , Hesse

This well-proportioned and light-filled 2-room apartment is located on the 7th floor of a well-kept multi-family house in the central area of Raunheim. The elevator provides convenient access.

With its two balconies and ample potential for personalization, it is appealing both to investors and owner-occupiers.

Property Description & Features

- Two spacious balconies, one of which is glazed – ideal for relaxing or as a winter garden

- Bathroom with bathtub; modernization is recommended

- Basement storage available, practical for storage

- Parking space right in front of the entrance (plus €8,000) – a big plus as it is easily accessible due to the optimal location and the elevator leading directly to the apartment.

Condition

After the previous tenant moved out, the apartment is currently in need of renovation. This leaves plenty of room to design it entirely according to one’s own ideas. A discount for the renovation has been factored into the purchase price.

If desired, craftsmen can be recommended for the renovation.

The location offers many advantages:

The nearby street is a quiet residential street (access street) with limited traffic and a speed limit of 30 km/h, paved – ideal for people seeking a quieter environment.

Public transport is very easily accessible: only a few minutes’ walk to the nearest bus stop (e.g., line 78), as well as good connections to S-Bahn lines such as S8 and S9.

The highway connections are excellent: both the A3 and the A67 are just a short distance away. Frankfurt Airport Terminal 2 can be reached in less than 10 minutes.

Shopping facilities, service providers, doctors, etc. are within walking distance – the infrastructure is well-developed.

Raunheimer Waldsee is nearby and offers a green retreat for relaxation.

The potential overall yield of well over 5% on the purchase price makes this property especially exciting for investors. The service charges are slightly higher due to the consumption by the previous tenant.

Out of the €351.00, more than €230.00 can be reallocated to the tenant and €75.00 is earmarked for the maintenance reserve. The homeowners’ association has a very good financial cushion of over €600,000.

It is also ideal for owner-occupiers who want to design the space according to their own ideas – with some effort, a lot of living value can be gained.