House for sale 4+1 • 90 m² without real estateNürnberg Altstadt-St. Lorenz Bayern 90402

Due to emigration – multi-family house for sale between the U-Bahn Weisser Turm and Plärrer. On the ground floor there is a commercial space plus an entrance area and 3 separate toilets, and two apartments: one on the 1st floor and one on the 2nd floor (2-room apartments of approximately 45 m² per apartment, ± 10%) with a staircase, roof, and 2 basement rooms. Approximately 90 m² of living space and 70 m² of usable area.

The possibility to develop the roof is available, which would allow the creation of an attic apartment, studio, hobby rooms, etc. There are two nice female tenants (one per floor) and one excellent tenant on the ground floor. The cold/net rental income is €1,975 per month, and the warm rent is €2,425. Since it is a listed building, there’s no hassle with EU regulations regarding renovation/certificates/heating/insulation from 2027. The apartments are equipped with fitted kitchens and electrical appliances that are like new; the commercial space also comes with basic equipment included in the price. The concession, 3 toilets, and outdoor seating have all been approved. There is no backlog of renovations or repairs.

If financing is required, the house pays for itself with €1,975 in rental income per month, and even more is possible. The rental contracts have a 3‑month termination notice for owner occupancy (6 months for the commercial space), and everything is registered. The tenants are very nice, tidy, and non-smokers, with their rents always paid punctually and never in arrears. Depreciation, write-offs, etc., due to heritage protection work, have a very positive effect, and the location, value appreciation, and demand in the old town are always guaranteed. No further investments are necessary.

Please send inquiries only with your full name as shown on your ID and feedback regarding your financing (confirmation) or indication that it is not necessary. There will be no exposé; I am a private seller and everything can be discussed directly. The price of €529,000 is negotiable so that one achieves over a 4.5% yield, with the potential for even more through rent increases. Viewing appointments will only take place on weekends and only once purchasing power, data, and all questions are clarified.

Thank you for your understanding.

Kind regards,

Private

Nürnberg Lorenz

Nürnberg Old Town

Like new, everything included in the price…

Property tax: €360 per year.