House for sale • 733 m² without real estateNürnberg Werderau Bayern 90441

The perfect property investment in Nuremberg-Gibitzenhof – commission-free directly from the owner!

• 733 m² of living space

• Current net cold rent: €101,904 per annum

• Factor 17.6x on acquisition price // 5.7% gross yield

• 11 residential units ranging from approx. 32 m² to approx. 91 m²

• Division according to the homeowners’ association is possible!

• Front building and rear building with 2 separate entrances

• Attic expansion potential available

• Plot area: approx. 450 m²

• Buyer commission free, as the sale is directly from the owner!

Property highlights:

• Well-maintained multi-family house from the turn of the century, built around 1900

• Attractive investment with already strong ongoing net rent

• Central, yet traffic-calmed residential location in Nuremberg-Gibitzenhof

• Excellent access to local amenities, public transport, long-distance transport, and the city centre

• Excellent floor plans, partly ideal for shared housing rentals

• Interesting development prospects through possible division into condominiums

• Additional potential due to the available attic expansion reserve

Condition and modernization:

• Well-maintained facade

• Well-maintained staircase

• Neat rear courtyard

• Ongoing maintenance

• Partially renovated bathrooms

• Insulated-glazed windows in the attic

• 8 out of 11 units equipped with modern gas boilers

• 2 apartments currently heated with wood stoves

• 1 apartment currently heated with electric heating

• Sewer renovation completed in 2016

• Roof partially re-covered in 2023

A strong income property with ongoing rental income, clear structure, and additional development potential – ideal for investors, property holders, and capital investors!

If interested, we look forward to hearing from you. We are happy to provide further documents and arrange a viewing appointment.