Flat for sale 3+1 • 66 m² without real estateNürnberg Steinbühl Bayern 90443

Fully renovated investment apartment located in a multi-family house built in 1950 in Nuremberg-Steinbühl, which will be completely renovated and modernized in 2026. The building is divided in accordance with § 8 of the Condominium Act (WEG); after finishing the attic conversion it comprises ten residential units.

The apartment is located on the 2nd floor to the left, measures approximately 65.52 m², has three rooms, and a balcony. Its layout is designed for room-by-room rentals: the three rooms are rented individually, with the cold rent totaling 1,650 € per month. This concept benefits from constant demand in Nuremberg’s Südstadt, as the main train station, the city center, universities, and the hospital are all within short reach. Based on the purchase price and cold rent, the gross rental yield is around 5.7% (no guarantee of future returns). First-time renting and tenant search are handled by FMD Invest, supplemented by a 24-month rent guarantee. The condominium (WEG) and rental management are already set up, and the management of the individual property can be booked upon request. This means that the buyer does not have to worry about tenants or ongoing management. For tax purposes, the building component accounts for approximately 89% of the purchase price, and the depreciation based on the shortened remaining useful life is about 2.38% per year.

The building is located on Gebhard-Ott-Straße, in the western part of Nuremberg's city center. The Steinbühl district is a popular residential area due to its central location, excellent public transport connections, and solid local amenities. The apartment impresses with its central and well-connected location. Various everyday shops, supermarkets, as well as cafés are in the immediate, walkable vicinity. Thanks to the excellent public transport connections (tram and bus practically at the door, S-Bahn & U-Bahn within walking distance), the city center can be reached in just a few minutes. For leisure in the green, Melanchtonplatz—which is suitable for play, sports, and relaxation—entices.

The common property has already been renovated or is in the final stages of completion, and the individual property will be completely renewed as part of the 2026 renovation. For the buyer, this means: no open renovation items, neither in the apartment nor in the building.

Common Property:

- Facade insulated

- All windows replaced with triple glazing

- New balcony installation for eight residential units

- New roof including external roof insulation, currently being installed

- Risers completely renewed as part of the renovation

- Entrance hall and staircase newly painted

Individual Property (completely renewed in the apartment):

- Complete electrical installation including sub-distribution and all supply lines

- New gas boiler, gas lines renewed

- Heating pipes and radiators newly installed

- New floor coverings, including skirting boards

- Walls and ceilings prepared and painted

- Bathroom completely re-tiled, with a floor-level shower with glass partition, wall-mounted toilet

- High-quality fitted kitchen, completely new

- Balcony

- Furnishing suited to the co-living concept

FMD Invest GmbH

Mies-van-der-Rohe Straße 6

80807 Munich

Germany

Registration in the Commercial Register

Registry Court: Amtsgericht München

Registration Number: HRB 295727

VAT ID: 449723465