3.9% yield for investors: Beautiful rented 2.5-room raised ground floor apartment in Mainz-Finthen

Information

Selling Price & Extra Costs

About this dream apartment

Property Description

This charming 2.5-room apartment with 73.2 m² of living space is located in a well-kept complex built in 1991 and is in very good condition. It offers a bright, approx. 31.5 m² living room with dining area and work corner as well as access to the beautiful approx. 6.5 m² south-facing balcony. It is also equipped with a bedroom of approx. 14.5 m² with a wide partition wall, which offers versatile furnishing options. The approx. 7.0 m² kitchen is separate from the living room and contains a fitted kitchen, which is part of the property and is also rented out. The daylight bathroom has a shower tray and a washing machine connection, additional storage space is available in the storage room of approx. 1.5 m² in the hallway area. An approx. 10 m² cellar room and a communal laundry room complete the offer. The apartment has an underground duplex parking space and another outdoor parking space directly in front of the entrance door, which are also rented out. New laminate flooring was laid in 2023 and the walls were freshly painted.

Special feature: The apartment is currently rented to an exemplary tenant at a gross rent of €1,100.00, which makes it particularly attractive for investors. The gross rental yield is approx. 3.9%.

Key data:
-Cold rent: € 820
-Parking space: € 100
-Service charges: € 180
-Warm rent: € 1,100
-Yield: approx. 4%

Furnishing

-Currently rented to a very well-kept, reputable single person
-High ground floor apartment
-Ceiling heating
-Large south-facing balcony
-Daylight bathroom with shower tray
-Storage room
-Large cellar room
-one well-maintained TG duplex and outdoor parking space each
-Duplex was renewed for approx. 7.000, - €
-Last refurbishment in 2023 - new laminate and painted walls

Other

Viewing:
An internal viewing of the apartment is possible by prior appointment. We look forward to presenting this attractive offer to you in person.

Location

Location description

The apartment is located in the Mainz-Finthen district, a quiet and family-friendly part of the Rhineland-Palatinate state capital of Mainz.
Finthen, along with Gonsenheim and Lerchenberg, is one of the most sought-after districts and is located around 8 kilometers from the city centre. The connection to the city center is ideal: you can reach the city center in just 10 minutes by car, and Frankfurt am Main can be reached in around 40 minutes by car thanks to the direct freeway connection to the A 60.

Finthen has a well-developed infrastructure with numerous stores for daily needs and several schools. A Waldorf school and a kindergarten are just a 5-minute walk away. An Aldi and DM supermarket are also nearby and can be reached on foot in around 12 minutes. There is also a playground and a sports field, which offers various leisure activities such as soccer and athletics - just a 5-minute walk away. The adjacent field is ideal for relaxing walks. The center of Finthen, where there are more stores, restaurants, cafés, banks, flower stores, bakeries and much more, can be reached in just 15 minutes on foot. There is a bus stop right outside the front door and a streetcar stop is around 10 minutes away, meaning you can easily reach the city center in around 20 minutes.
For leisure activities, there are also numerous sports, church, youth and carnival clubs, which characterize the active club life in Finthen.