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

Below is the English translation of the text enclosed by the XML tag:

The property comprises a total of 4 units: a commercial unit on the ground floor, currently operated as a restaurant, as well as three residential units.

Within the scope of this offer, you acquire the three apartments and thus a 60% co-ownership share, whereby you also hold the majority within the condominium owners’ association.

The restaurant unit is NOT part of this package.

Renovation and maintenance work has been carried out on a continuous basis. In particular, the fire protection, the roof windows, the majority of the furnishings, the gas-fired floor heating systems, and much more have been renewed within the last 3 years.

The three apartments are sold as a package and are distributed as follows:

• 1st floor: 1 apartment of 21.60 sqm

• 1st floor: 1 apartment of 123.30 sqm – shared apartment for 5 persons – rental

• 2nd floor & attic: 1 apartment of 130.60 sqm – shared apartment for 5 persons – rental

As a special highlight, the 130.60 sqm apartment features a large roof terrace of approximately 14.3 sqm – an absolute rarity in this location and very much in demand.

It is located in the central area of Erlangen, right next to the train station while remaining quiet due to most of the apartments being located at the rear of the building. It is a 2-3 minute walk to the university and the palace garden. The city center is filled with all shops, shopping centers, and eateries, all within walking distance. There is a bus stop right at the door – the main train station is just 150 meters away. This is a perfect location for students and skilled workers for Siemens and other major employers in Erlangen.

• Fully rented

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

• Increased tax depreciation thanks to Denkmalschutz AfA (monument protection depreciation) and the refurbishment area

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

Based on an appraisal confirming a shortened remaining useful life, an increased depreciation of approximately 6.67% can be expected. We will be happy to provide you with the appraisal. No liability or guarantee is assumed for the increased depreciation.

Information according to § 5 TMG

SMG Immobilien GmbH

Managing Director: Sebastian Gleißner

Kolbstr. 10,

90513 Zirndorf

Court of Registration: Amtsgericht Fürth

Commercial Register: HRB 14354

Contact

Telephone: +49 151 20105030

E-mail: info@smg-holding.de

EU Online Dispute Resolution

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

Our e-mail address is provided above in the imprint.

Consumer Dispute Resolution/Universal Mediation Scheme

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