Flat for sale • 275 m² without real estateErlangen Erlangen Bayern 91054

The property comprises four units. On the ground floor there is a commercial unit that is currently operated as a restaurant. The three apartments above are for sale. With the purchase of these apartments, you acquire a 60 percent co-ownership share, thereby holding the majority in the condominium community. The restaurant unit is not included in the offer.

Over the past three years, regular renovations have taken place. The fire protection has been updated to current standards. The roof windows have been replaced. A large part of the furnishings has been replaced. The gas-fired individual heating systems have been modernized. In addition, minor maintenance work on common areas and equipment has been carried out.

The three apartments are divided as follows:

• 1st floor: 21.60 sqm

• 1st floor: 123.30 sqm, rented to a five-person shared apartment

• 2nd floor and attic: 130.60 sqm, rented to a five-person shared apartment

The largest apartment features a roof terrace of approximately 14.3 sqm, which is rare and highly sought after in this area. It is centrally located in Erlangen, right next to the train station, yet quiet due to the fact that most of the apartments are oriented towards the back. Within a 2-3 minute walk, you can reach the university and the castle garden. The city center, with all its shops, shopping centers, and dining options, is also within walking distance. There is a bus stop right outside the door, and the main train station is only 150 meters away. This location is ideal for students and skilled workers employed at Siemens and other major employers in Erlangen.

• Fully rented

• Except for 2 rooms, all are furnished and in renovated condition

• Increased tax depreciation through historical monument depreciation (Denkmal-AfA) and being in a designated renovation area

• Up to 6.67% special depreciation through the remaining useful life appraisal

Due to an appraisal confirming a shortened remaining useful life, an increased depreciation rate of approximately 6.67% can be expected. We are happy to provide the appraisal upon request. No liability or guarantee is assumed for the increased depreciation rate.

Information in accordance with Section 5 TMG

SMG Immobilien GmbH

Managing Director: Sebastian Gleißner

Kolbstr. 10,

90513 Zirndorf

Register Court: Local Court Fürth

Commercial Register: HRB 14354

Contact

Telephone: +49 151 20105030

Email: info@smg-holding.de

EU Dispute Resolution

The European Commission provides a platform for online dispute resolution (ODR): https://ec.europa.eu/consumers/odr.

You can find our email address above in the legal notice.

Consumer Dispute Resolution/Universal Arbitration Board

We are not willing or obligated to participate in dispute resolution proceedings before a consumer arbitration board.