Characteristic multi-family house / generation house with many original details from the late sixties
The highlights are:
• beautiful sun plot of 550 m² with old trees and lots of privacy
• additional terrace on the garden floor and a large balcony on the 1st floor
• many insignia of discreet luxury through i.a. shell limestone and walnut wood
• chic original mosaic parquet floor
• all installations and disassemblies are handmade
• spacious, open premises
• functionally designed floor plans
• completely new bathrooms and guest toilets
• "house within a house" - character
• large garage for one car and additional storage space
• additional rentable space in the basement
• ideal for families or investors (ROI 4,5%)
• the house is located on a leasehold site, which on request can be purchased for around 170,000 euros
• location in Hanau's flagship district of Kesselstadt
The pictures show the current facade as well as a visualized facade.
- Status For sale
- Price 830.000 EUR
- Monthly cost
- City Frankfurt
- Area Hanau
- Address Leibnizstrasse
- Rooms 10 rooms
- Size 320 m² I Apartment building / multi-generation house with many original details from the sixties
- Floor Garden level, 1st floor, attiv and basement
- Construction year 1971
House Leibniz offers generously sized rooms of over 100 m² living space on the garden floor (or ground floor) and on the 1st floor. This stunning house possesses typical architectural characteristics of a house from this time.
The functionally designed floor plans generally have a wide hallway, a separate kitchen, a large living room with sliding door to a study or dining room (these are on the first floor and in contrast to other floor plans they are two separate rooms), a bedroom with a directly adjacent bathroom and a guest toilet.
The two levels (ground floor and 1st floor) are connected by a spiral staircase. This allows for 3 or 4 bedrooms, 2 bathrooms, and 2 separate toilets created next to another 2 living rooms and a kitchen (or the existing installations for each). The current layout of the rooms can be easily changed according to the needs of the house, so that the "house within the house" character is even more apparent.
Insignia of discreet luxury are omnipresent in the house. Thus, shell limestone was used in the staircase and corridor or as a flower bank. Round-arched doors that give a touch of Italian flair, sliding glass doors, parquet flooring, fixtures and door details, made of high-quality and timeless walnut, are all typical details from the height of construction in the 70’s. All fixtures and fittings were adapted, made and installed by craftsmen, contrasting today's conventional industrial production. Through continuous care and renovation of the windows, heating and bathrooms, the house is ready for occupancy.
The property is perfect for fans of late 60’s / early 70’s architecture. This property will also have a high allure to investors who appreciate the micro-location and who are looking for contemporary forms of living.
This property offers a lot of potential and options for use, such as a traditional family home or a classic investment.
The building is completely vacant except for the top floor. It is currently rented at a net rent of 410.00 euros. In the case of a complete new letting of the vacant space, based on a net cold rent of 11.00 per sqm, a target rental income of EUR 31,680 per year is given. The existing rent after adjustment of 20% amounts to 37,584 euros per year. That is, target ROI of approx. 4.5% (factor of approx. 22).
The house is on a leasehold property which currently runs until 2070. On request, this can be purchased from the church for around 170,000 euros.
This multi-family or multigenerational house from 1971 has 320 m² living space on a beautiful sunny plot of 550 m². The building is lushly overgrown with old building stock. High trees and perennials give the residents the perfect connection to nature.
The architecture also shows typical features of the late 60's on the outside and has remained almost completely authentic. The residential house architecture of its time is shown in the classic features. Two-story building, raised terrace on the garden floor, balcony over 2/3 of the facade on the 1st floor enclosed by a wall projection or risalit building projection, horizontal large window format with attached glazed door to the garden or balcony, flat sloping gable roof with greater roof overhang. A classic of this time period.
The simplicity and straightforwardness of the architecture allows for a contemporary façade redesign with few means and manageable expenditure. Window formats and a new coat of paint would modernize and visually enhance the existing building. However, the well-kept overall condition also allows for an immediate move in.
Kesselstadt, with its picturesque old town, Philippsruhe Palace and the Main River behind it, is one of the most beautiful parts of Hanau. Here you can stroll along the waterfront, have an aperitivo on the palace terrace or discover the winding alleys of the old town.
For those who want to do sports, the Hanau Tennis and Hockey Club is only a 6-minute drive away and the Hanau-Wilhelmsbad Golf Club is an 8-minute drive away. Opportunities for jogging in the countryside are possible with the nearby Kurpark Wilhelmsbad or around the "small lake district" of Wilhelmsbad & Dörnigheim Lake.
The municipal day-care center for children is only a 7-minute walk away, the Heinrich-Heine-Grundschule (primary school) 8 minutes on foot and the Europaschule Otto-Hahn (cooperative comprehensive school) is a quarter of an hour's walk away.
The A66 motorway provides ideal transport connections and the city center of Frankfurt can be reached in around 20 minutes. Frankfurt Airport is a 30-minute drive away and easily accessible. Those who prefer public transport can cycle to Wilhelmsbad station (7 minutes) and take the train to Sachsenhausen from there (16 minutes).