City house in Nuremberg's Old Town, Lorenz district. Includes 2 apartments and a commercial space, offering excellent return on investment. Net rental income: €1975.

For sale: Multi-family house located between the "Weisser Turm" and "Plärrer" subway stations. The property includes a commercial space on the ground floor, an entrance area, and 3 separate restrooms. There are 2 apartments: one on the 1st and 2nd floors (2-room apartments, approximately 45 square meters each, +/- 10%), a staircase, a roof, and 2 cellar rooms. The total living space is approximately 90 square meters, and the total usable space is approximately 70 square meters.

There is the possibility to expand the roof, which could create an additional apartment, studio, or hobby rooms. Currently, there are 2 good female tenants, one on each upper floor, and an excellent tenant in the ground-floor commercial space. The net rent is €1975 per month, and the gross rent is €2425. Next year, it is possible to achieve a net rent of approximately €2100. The location is desirable, close to C&A, Breite Gasse, and Karolinenstrasse, and the "Weisser Turm" subway station is very popular, with many employees seeking apartments in the area. According to the Nuremberg rental index, the price per square meter is already €17 in 2026. The tenant in the ground-floor commercial space has a 5-year lease and would like to stay for at least 10 years, if the landlord agrees, ensuring a secure income stream. Furthermore, the property is a listed building, which means there will be no issues with EU regulations regarding renovations, certifications, heating, or insulation starting in 2027, which will save many regular owners a significant amount of money in the future. The apartments are in excellent condition, featuring brand new built-in kitchens and appliances. The two tenants are very happy and intend to stay for a long time. The property already includes basic amenities, such as a concession, 3 toilets, and outdoor seating, all of which are approved. There are no outstanding renovation or repair issues. If financing is required, the property generates enough income to cover it. The monthly rental income is €1975, with the potential for more. The rental agreements include a 3-month notice period for termination due to the owner's own needs. The tenants are very pleasant (a doctor on the 2nd floor and a museum employee on the 1st floor), clean, non-smokers, and do not have any pets. The rent is always paid on time, with no arrears. Depreciation due to historical preservation regulations has a very positive impact. The interest payments (if financing is required) can be deducted. The location and potential for appreciation, as well as the demand in the old town, are always favorable. No investment is required. Please only make inquiries with your full name (as it appears on your ID) and provide feedback on whether financing is necessary or not. I will not be providing a detailed property brochure, as I am selling the property privately and can discuss everything directly with interested parties. The price of €529,000 is slightly negotiable, allowing for a return of over 4.5%, and potentially even more with rent increases. Viewings will only be arranged on weekends and only after confirming your financial capacity and answering all your questions. I would like to avoid unnecessarily disturbing the tenants with viewings. Thank you for your understanding. Sincerely, Private Seller.

Nuremberg Lorenz.
Nuremberg Old Town.
Subway (U-Bahn) Weißer Turm station.
Subway (U-Bahn) Plärrer station.
Jakobs Platz square.