Private sale: 3-family house in Erlangen (Frauenaurach).

For sale is a beautiful and peaceful multi-family house located in a central area of Erlangen-Frauenaurach. The property offers the perfect combination of solid construction (a solid brick building) and future-proof modernization. The unique financing and return model:
The official purchase price is €799,000. To provide the buyer with absolute planning certainty, the seller offers a notarized rental guarantee for 20 years for the ground floor and attic apartments, totaling €604,800 (equivalent to a monthly gross rent of €2,520). • Your effective purchase price: By deducting this guaranteed cash flow from the purchase price, you are effectively investing only around €399,000 in this profitable three-family house with a total living area of 300 square meters! Layout and Condition:
• Ground floor (approx. 110 m²): 5 rooms, kitchen, daylight bathroom, separate toilet, storage room, and a spacious, sunny terrace. Currently rented to a student shared accommodation.
• Upper floor (approx. 110 m²): Identical layout with a large balcony. Recently completely renovated (new luxury bathroom with a walk-in shower) and already attractively and securely rented. Here, you can either declare your own use of the property or continue renting it out for €1,200 plus €400 for utilities.

* Attic (approx. 80 m², construction guarantee): The attic is in the final stages of being converted into a third, self-sufficient living unit. The seller guarantees the completion of the project to a move-in ready standard at their own expense. If desired, it is also possible to sell the property without the guaranteed rental income and without the final completion of the attic apartment.

* Outdoor Area & Cellar: Fully basemented, with a renovated laundry room and utility room. The outdoor areas and fencing have been designed in a modern and low-maintenance style. Take advantage of this extremely rare and risk-free opportunity to build sustainable wealth in the booming Erlangen real estate market!

The property is located in the Frauenaurach district of Erlangen. It has excellent access to public transportation, with the S1 suburban train line and bus lines 201 and 208 providing convenient connections. The neighborhood, characterized by single-family and multi-family homes, also offers various parks and playgrounds in the surrounding area.