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Modernized MFH with 10 two-room apartments

Stubenlohstr. 23, 91052 Erlangen – Bayern
2.300.000 €
458 m²
Living Area
277 m²
Property
apartment building or investment property
apartment building

The apartment building has 458 square meters of rentable living space, each with two-room apartments.
The front building has a full basement. 7 apartments were renovated around 10 years ago, 2 in 2023. These two also have new underfloor heating.
Currently, 6 of the 10 apartments are rented furnished via the letting agency "wohnref". It is also possible to continue using this service.
2 apartments are vacant due to current renovations. These are still guaranteed to be carried out.
Six units have a balcony, 1 apartment also has a terrace.
Further potential exists by raising and extending the roof truss, whereby the space can be combined with one of the apartments below from the 3rd floor as a maisonette apartment, thus further increasing the rentable space.

A special feature worth mentioning: The building is already divided according to WEG.

Are you interested in this offer?

Object Number
OM-312497
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
immediately

Purchase price & additional costs

purchase price
2.300.000 €
Purchase additional costs
approx. 107,026 €
Total costs
approx. 2,407,025 €

Breakdown of Costs

Purchase price 2.300.000 €
Real estate transfer tax 80,500 € (3.50%)
Notary costs 17,588 € (0.76%)
Land register entry 8,938 € (0.39%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 7,682€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.01%

Details

Condition
modernized
Year of last modernization
2023
Number of floors
4
Total area
458 m²
Number of parking lots
2
Net rental income (target) p.a.
109185 €
Net rental income (actual) p.a.
101448 €
Flooring
parquet, laminate, tiles
Heating
floor heating
Year of construction
1954
Equipment
balcony, terrace, basement, full bath, fireplace
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

All apartments are ideal for a single person or for couples!
- 2x parking space in the inner courtyard
- 6x fitted kitchen and fully furnished
- cellar
- Underfloor heating in two apartments, all apartments with gas floor heating
- Roller shutters on all windows
- Cable connection, up to 1,000 Mbit/s internet speed
- Tiles, laminate, vinyl flooring
- Shared washing machine/dryer with coin-operated system

Location

Living in Erlangen's city center means living in the heart of the city.
With a pedestrian zone worth seeing, including the Erlangen Arcaden and a large selection of stores, the baroque city invites you to go on an extensive shopping spree.
The city center offers a rich cultural offering. Numerous gardens in the city center, such as the palace, aroma and botanical gardens, invite you to linger.
Well-known sights include Erlangen Castle, Palais Stutterheim and the former Old Town Hall.
The university including the university hospital and the largest employer Siemens are within walking distance. Companies such as Diehl, Adidas, Puma, INA Schäffler etc. are located in the surrounding area.

Location Check

Kultur
300m
Restaurants
150m
Einkaufen
100m
Sport
300m
Medizin
50m
Mobilität
150m
Nachtleben
50m
Natur
500m

Energy

Final energy consumption
105.15 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
consumption certificate
Main energy source
gas

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Offer from: Sebastian Gleißner