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Two-family house, partly mediated, units and stable yield

Hüllreuthstr 13, 96247 Michelau in Oberfranken (Michelau i. Ofr.) – Bayern
380.000 €
12
Room
312.50 m²
Living Area
480 m²
Plot Area
Private offer
House
Two-family house

Two-family house, partially rented, 3 units stable yield, 312,5sqm(living space) with double garage plus 3
parking spaces and garden (180sqm) - top yield for investors

This attractive two-family house consists of 3 completely separate apartments, of which
2 already securely rented and 1 large first floor apartment (150 m²) ready to move into.
Ideal as a capital investment or for entrepreneurs who would like to use part of the property themselves.

DETAILED PROPERTY DESCRIPTION - UPDATED VERSION
(GERMAN)
The property is located in the center of Michelau in Upper Franconia, in a quiet,
family-friendly and constantly modernizing community.
The house was originally built in 1970 and consists of 3 completely separate residential
residential units, ideal for investors or entrepreneurs.
Building structure and technical equipment
Year of construction of the house: 1900
Extension and renovation: 1969
Change of use from single-family home to two-family home: 2021
Last renovation: 2025
Oil heating - renewal in 2004
The system is in perfect condition
Regular maintenance once a year
Efficient and reliable
Additional heating source:
High-quality wood-burning stove in the living room of the first floor apartment, ideal for cozy
warmth and lower heating costs
Energy class: H
Many interior areas of the house have already been modernized, which has significantly
comfort and quality of living have improved significantly.
1 house on the street side, brick entrance staircase, bathroom with sanitary facilities,
internal access from the garage area directly into the house. New kitchen and new
water pipes were installed in the living room. The former kitchen has been converted into a
bedroom (water connections still available, ready for possible reconnection).
possible reconnection).
The master bedroom has been completely renovated (plaster and paint) and fitted with PVC windows.
Installation of an external spiral staircase.
New floors were laid in both apartments on the upper floor (PVC + laminate +
vinyl).
Kitchen in the first apartment on the upper floor: year of construction 2020.
In the second apartment: completely new kitchen and new bathroom, fully
fully furnished in 2025.

Layout of the residential units
First floor apartment ( 150 m² - vacant)
Separate entrance
Very spacious living and dining area
Beautiful wood-burning stove as an additional heating source
2-3 flexibly usable bedrooms
Large eat-in kitchen incl. kitchen ( 2021)
Bright bathroom with shower/bathtub
Direct access to the private garden
Direct access to the large garage (for up to 2 cars)
Rental potential: 1.200-1.300 €

Apartment on the 1st floor - unit A (rented)
Bright living room
Kitchen Kitchen outfitting 2021
Bathroom
1-2 bedrooms
Separate access via outside staircase
Private parking space
Long-term and reliable tenant

Apartment on the 1st floor - unit B (rented)
Separate access via outside staircase
Fully furnished
living room
bedroom
Kitchen new construction and furnished in 2025
Bathroom with shower and bidet, new construction in 2025
Punctual and reliable tenant structure
Private parking lot

Are you interested in this house?

Object Number
OM-413831
Object Class
House
Object Type
Two-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
380.000 €
Purchase additional costs
approx. 18,671 €
Total costs
approx. 398,670 €

Breakdown of Costs

Purchase price 380.000 €
Real estate transfer tax 13,300 € (3.50%)
Notary costs 3,558 € (0.94%)
Land register entry 1,813 € (0.48%)
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: 1,429€

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 3.64%

Details

Condition
Well-kept
Number of floors
2
Bathrooms (number)
3
Bedrooms (number)
7
Number of garages
5
Number of carports
2
Number of parking lots
3
Flooring
Parquet, Laminate, Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1900
Equipment
Balcony, Terrace, Garden, Full bath, Shower bath, Fitted kitchen, Fireplace
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, Public transport

Information on equipment

The complete furnishings of the two rented apartments can be taken over on request.
be taken over.
There is only a small surcharge of € 7000 negotiation basis for the entire furnishings
for the entire furnishings - perfect for investors who want immediate benefits.

Location

Location - One of the biggest advantages
The house is ideally located in the center of Michelau, with excellent infrastructure and
short distance to all important facilities.
In the immediate vicinity are:
New, modern schools (incl. indoor pool/swimming pool)
Kindergarten/daycare center
Doctors and medical services
Supermarkets and stores
Banks, post office and service providers
Sports clubs and leisure facilities
Public transport - bus and train connections
The surrounding area is quiet, safe and characterized by friendly neighbors and very
well-maintained houses.
Michelau is continuously developing, with ongoing modernization in
infrastructure, education and public spaces - a reliable location for long-term investments.
investments.
--­-
Quality of the living environment
Very quiet and pleasant residential area
Friendly neighborhood
High quality of life
Ideal environment for families and senior citizens
Stable rental demand → ideal capital investment

Location Check

Child Friendliness
Eating Out
50m
Sports
250m
Health
400m
Shopping
100m
Nature
600m
Culture
250m
Public Transport
250m
Nightlife
50m

Energy

Main energy source
Oil

PDF

Miscellaneous

Rental income & yield
Current and potential rental income:
Apartment 1 (rented): 600 € cold
Apartment 2 (rented): 600 € cold
First floor 150 m² (vacant): ~1,200 € cold realistically achievable
Total monthly: € 2,400
Total annual: € 28,800
Yield data (very attractive!)
Gross yield: 7.58 % per year
Amortization period: 13.2 years
The property practically finances itself.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Ilaria