Erlenstegen- MFH with 8 apartments and balconies - all with gas heating

Information

Selling Price & Extra Costs

About this dream investment property

Property Description

Please no estate agent inquiries. The MFH is being sold directly by the owner.

- All apartments with gas heating (already replaced)
- Plastic insulating glass windows, balconies available, idyllic garden
- Very good building fabric, renovated and well maintained
- modernized, very well-kept overall condition

All apartments are currently let. The annual net rental income currently amounts to approx. €50,000 p.a. plus tenant's NKV. Should there be a change of tenant in the future, there are great opportunities for an increase.

The property is located in a very preferred residential area. The property comprises 8 apartments, each with 3 rooms (50 m² to 63 m²). The total living space is approx. 470 m². The house has a full basement. The tenants' cellar compartments are located here. There is a beautiful idyllic garden to the rear.

The attic/loft could be used as an expansion reserve (plus approx. 50 m² living space).

Location

Location description

Erlenstegen is the most elite residential area in Nuremberg. The district offers a quiet location close to the city center, very green with a high recreational value, good infrastructure and optimal transport connections. All stores for daily needs are available nearby.

Distances:
Nuremberg main station: 4.1 KM
Nuremberg airport: 5.6 KM
PUBLIC TRANSPORTATION: 100 M
Highway connection A3: 5,3 KM