House for sale 7+1 • 203 m² without real estate, Bavaria

Commission-Free Sale: Attractive 8-Family House with Commercial Space in Nuremberg-Mögeldorf

For sale is a well-maintained multi-family house with 8 residential units and a florist’s shop on the ground floor that has been established for over 10 years. The property is located in the popular residential area of Nuremberg-Mögeldorf at Ostenstraße 206 and offers an attractive mix of stable commercial rental income and solid residential use.

The house is divided according to the condominium act (WEG) and is arranged as follows:

4 x 3-room apartments of approximately 75.61 m² each: kitchen, daylight bathroom with tub, WC, loggia, basement storage room, partly featuring practical built-in wall cabinets.

4 x 1-room apartments of approximately 35.14 m² each: kitchen, interior bathroom with tub, balcony, basement storage room, also partly with built-in wall cabinets.

1 x Commercial Space (florist shop) with 106 m² plus 10 m² of usable area in the basement – firmly rented since 2004.

Additionally:

• 8 basement rooms for the apartments

• Heating cellar, electricity/gas cellar, landlord’s cellar

• 4 garages with new sectional doors (Hörmann)

• 8 outdoor parking spaces for commercial use with outdoor sales area

Note: The specified living areas exclude basement and usable areas, so the gross floor area is considerably higher.

Nuremberg-Mögeldorf ranks among the most sought-after districts in Nuremberg. The location impresses with:

• Very good infrastructure: shops, doctors, schools, and kindergartens in the immediate vicinity

• Public transport connections: tram and bus lines, S-Bahn station reachable within minutes

• Proximity to nature: the Wöhrder See and the Nuremberg Zoo are only a few minutes away and offer high recreational value

• Quick access to the city center: Nuremberg’s center can be reached in only about 10 minutes

The combination of a central yet quiet location with excellent accessibility makes the property particularly attractive – both for tenants and investors.

Ongoing Modernizations and Renovations:

2011: Complete flat roof renovation

2012: Facade renovation (street and east sides), new entrance doors, mailboxes, and intercom system

2013: Garage roof renovation, paving of the driveway & modernization of the sewage system, new sectional door

2015: New gas condensing boiler & sectional doors (Hörmann)

2013–2023: Continuous modernization of bathrooms, floor coverings, apartment doors, staircases, and interior areas (only one bathroom in its original condition in Apartment 3rd Floor Left)

2022: Fiber optic connection installed by Deutsche Telekom

Plastic windows from 1994, no elevator, no roller shutters.

Solid Rental and Management:

• Very good tenant structure: predominantly employed, long-term tenants

• Gross rental income per annum: approx. €105,000

• Net rental income per annum: approx. €82,000

• Building caretaker and winter service available

• Heating maintenance by a specialist company

• Heating and hot water cost settlement via Delta-T metering service (electronic heat cost allocators, smoke detectors, water meters)

• In-house management, no property management fees

Highlights at a Glance:

• Commission-free sale – Please no broker inquiries!!!

• Available from 01.09.2025

• Attractive rental income with stable tenant structure

• Continuously modernized property with solid constitution

• Pictures of the apartments available on request via WeTransfer

• Viewings can be arranged with prior agreement with the tenants.