"House-in-House Feeling" Above the Rooftops of Frankfurt: 169 m² of Freedom for Visionaries and Families (Leasehold)

€595,000

6 Rooms
5 Bedrooms
2 Bathrooms
~169 m² Living area

Description

Anyone looking for true space for their family in Frankfurt without spending a fortune on land will find a rare opportunity here. Located in the established residential area "Am Wasserturm 4" in Frankfurt-Preungesheim, this spacious maisonette apartment is waiting to be awakened from its slumber. With an impressive approx. 169 m² of living space spread over the 2nd and 3rd floors of a well-kept apartment building, this property offers the spaciousness of a single-family home – combined with an unobstructed view of the Frankfurt skyline. The heart of this property is its extraordinary flexibility: The two floors are connected internally by a spiral staircase but also feature two separate apartment entrances. This opens up completely new possibilities for your lifestyle. Whether as a spacious paradise for a large family, a multi-generational solution with a private area for teenagers or grandparents, or a clever combination of living and working with separate client access – here the floor plan adapts to your life, not the other way around. In total, six rooms, two bathrooms, two kitchens, and an additional "Gallery" for hobbies, an open bedroom or office are at your disposal. The apartment requires renovation, so for you, this means: You don't pay a premium for other people's taste in fittings, but instead receive a "blank canvas." Bring this rough diamond to new life by realizing floors, bathrooms, and wall designs exactly according to your own wishes and budget. A large balcony invites you to relax after work with a view of the city. The offer is rounded off by a private cellar room and a garage that saves you the search for a parking space. Please note that the building does not have an elevator – which has a positive effect on service charges and guarantees absolute peace and quiet in the upper area of the house. An important financial advantage is the leasehold (Erbbaurecht): Since you lease the land instead of buying it, the entry price for this size and location is unrivaled. The leasehold contract runs long-term until 2079 and can be easily extended until 2109. Planning security is provided by the monthly service charge (Hausgeld) of approx. €907: This already includes the ground rent (€307), the maintenance reserve (approx. €197), and the usual operating costs. Seize this chance to acquire rare living space and transform it into your personal dream home.

Features

BalconyBasementGarage

Engel & Völkers Frankfurt-Taunus MMC

+49 69 24444 949

Your advisor: Erika Banks

Property ID: W-02YH9S

Location: Preungesheim, Frankfurt

The property is located on "Am Wasserturm" street, in one of the most sought-after yet tranquil residential areas in Frankfurt's northeast. Here, you enjoy the best of both worlds: the relaxed atmosphere of an established residential neighborhood and direct proximity to the vibrant life of the metropolis. The street itself is characterized by well-kept apartment buildings, abundant greenery, and very little through traffic, creating a particularly safe and pleasant environment for children. The neighborhood is down-to-earth and family-oriented—a place where you will quickly feel at home. For your daily needs, you hardly need to use your car. Supermarkets, bakeries, pharmacies, and charming small shops are all within easy walking distance. The excellent infrastructure is particularly attractive for families: Kindergartens and schools, such as the Liesel-Oestreicher-Schule, are in the immediate vicinity, making the motto “short distances for little legs” a reality here. In terms of transport connections, the location is a dream for commuters and city lovers alike. The U5 subway station and the number 18 tram line are just a few minutes' walk away, taking you directly to Konstablerwache, the Central Station (Hauptbahnhof), or the Europaviertel without any transfers. Drivers benefit from quick access to the A661 autobahn via the Eckenheim/Preungesheim junction. From here, you can reach the airport, Bad Homburg, or the entire Rhine-Main region in just a few minutes—and thanks to your own garage, the often tiresome search for parking in Frankfurt is a thing of the past when you return. In your free time, you have a free choice between nature and trendy districts. Preungesheim borders directly on the hip Nordend and Bornheim districts, allowing you to quickly reach the popular Berger Straße or Oeder Weg with their countless cafés, restaurants, and bars. At the same time, recreational havens like Niddapark, Günthersburgpark, or the Lohrberg with its famous skyline view start almost right on your doorstep. In short: A location that is strategically perfect for anyone who works in the city center but wants to live in a quiet, green environment.