Well-kept three-family house – owner-occupancy or investment with 5.2% return

€500,000
  • 8 Rooms
  • 3 Bathrooms
  • ~528 m² Total surface
  • ~170 m² Living area
  • ~528 m² Plot surface
  • ~6 m² Terrace surface

Description

This well-maintained three-party building with garden offers an attractive combination of stable rental income and flexible usage potential. The property comprises three residential units, including two spacious maisonette apartments, and stands out for a pleasant community of occupants as well as a well-planned layout of the apartments. The units consist of a 1-room apartment, a 3-room maisonette apartment, and a spacious 4-room maisonette apartment. Thanks to the different apartment sizes, the property appeals to various tenant target groups and thus ensures sustainable lettability. The building is currently fully let and generates an annual net cold rent of €26,256. At the same time, the property is also ideal for buyers who wish to combine owner-occupation with letting—for example, by using one of the larger apartments while receiving rental income from the other units. The garden area invites residents to spend time together, completes the offering, and provides additional residential value. Overall, this is a very interesting investment property with development potential and the option of partial owner-occupation.
Features
BasementGarageGardenTerrace
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Engel & Völkers Frankfurt-Taunus MMC

Your advisor: Meltem Lorenz-Gülener

Property ID: W-047B3D

Property details
  • Object type

    Apartment house

  • Condition

    Good

  • Rooms

    8

  • Bathrooms

    3

  • Number of Floors

    2

  • Garages

    1

  • Parking spaces

    4

  • Total surface

    ~528 m²

  • Living area

    ~170 m²

  • Plot surface

    ~528 m²

  • Terrace surface

    ~6 m²

  • Usable surface

    ~156 m²

  • Flooring

    Laminate, Tiles

Energy efficiency information
  • Construction year

    1953

  • Energy efficiency class

    G

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    236.3 kWh/m²a

  • Type of heating

    Radiator

  • Energy source

    Gas heating

Location: Ginsheim, Ginsheim-Gustavsburg

The town of Ginsheim-Gustavsburg is located in the Groß-Gerau district in the state of Hesse and forms part of the economically strong Rhine-Main region. It lies in the so-called “Mainspitz Triangle” between the Rhine and Main rivers, directly opposite the state capital of Mainz. Thanks to its central location between Frankfurt am Main, Wiesbaden, Mainz and Darmstadt, the town offers excellent access to the entire Rhine-Main area. The nearby A60 and A671 motorways and the Mainz-Gustavsburg railway station provide good transport links to surrounding cities and to Frankfurt Airport. The twin town consists of the two districts of Ginsheim and Gustavsburg and has around 16,000 inhabitants. In addition to its strong infrastructure, the location is characterized by its nature-oriented surroundings with Rhine floodplains, former Rhine channels and local recreation areas, offering a wide range of leisure and relaxation opportunities. With its combination of convenient transport connections in the Rhine-Main metropolitan area and proximity to river landscapes, Ginsheim-Gustavsburg offers an attractive mix of urban accessibility and living close to nature.

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