| Type | Block of flats |
|---|---|
| Living area approx. | 300 m² |
| Year built | 1966 |
| Bedrooms | 12 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 14 |
| Bathrooms | 3 |
| Heating | Central heating |
| Fuel type | Oil |
| Plot area | 627 m² |
|---|---|
| Parking spaces | 4 |
| Condition | Well kept |
| Floors in the building | 3 |
| Purchase price | 799.000 € |
|---|---|
| Price per m² | 2,663.33 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsFor sale is a beautiful apartment building in a quiet, central location in Erlangen-Frauenaurach. The property offers the perfect combination of solid construction (masonry house) and future-proof modernization.
The unique financing and return model:
The official purchase price is €799,000. To give the buyer complete certainty for planning, the seller grants a notarized 20-year rental guarantee for the ground-floor and attic apartments, totaling €604,800 (equivalent to a monthly net cold rent of €2,520).
• Your effective purchase price: Deducting this guaranteed, contractually assured cash flow from the purchase price means you are effectively investing only around €399,000 in this lucrative 3-family house with a total of 300 sqm of living space!
Layout & condition:
• Ground floor (approx. 110 m²): 5 rooms, kitchen, bathroom with natural light, separate WC, storage room and a spacious, sunny terrace. Rented to a student flatshare
• First floor (approx. 110 m²): Identical layout with a large balcony. Recently completely renovated down to the shell (new luxury bathroom with a level-access shower) and already rented out attractively and securely. You can claim the apartment for your own use or continue renting it out for 1,200 euros + 400 euros for ancillary costs.
• Attic (guaranteed conversion, approx. 80 m²): The attic is in the final stages of being converted into a third self-contained residential unit. The seller guarantees turnkey completion at their own expense.
If you wish, the property can also be sold without a notarized rental guarantee and completion of the attic apartment.
• Outdoor area & basement: Fully basemented, renovated laundry room and utility room. The outdoor areas and boundary fencing have been designed in a modern, low-maintenance style.
Take advantage of this extremely rare, risk-free opportunity to build sustainable wealth in Erlangen's booming property market!
The ground-floor apartment is equipped with a fitted kitchen. The tenant on the first floor would be happy to sell his fitted kitchen for 3,000 euros if he had to move out.
THIS IS A PRIVATE SALE, SO CONTACT FROM REAL ESTATE AGENTS IS NOT WELCOME!
As I am currently still on vacation and will be coming to Erlangen on 29.10.26, you are welcome to contact me by email, free of charge on my WhatsApp number +49 176 42908963 or at +90 542 1962502.
I have agreed on specific time slots for viewings with the tenants. One of the students will then greet you.
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The property is located in the Erlangen district of Frauenaurach. Public transport connections are provided by S-Bahn line S1 and bus routes 201 and 208. The neighborhood, characterized by detached and multi-family houses, also offers various parks and playgrounds nearby.
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