First occupancy after renovation: 3-room apartment in a historic building, located on the 4th floor in Nuremberg-Gostenhof.

Charming 3-room apartment in a well-maintained building from 1900, located on the 4th floor, in the vibrant Gostenhof district of Nuremberg. The apartment is currently vacant and will be renovated before handover: first occupancy after renovation. Suitable for owner-occupiers as well as for investors. Highlights:
• Approximately 81.2 m² of living space, 3 rooms
• Top floor, quiet location
• High ceilings, classic building features
• Vacant, renovation planned before handover (floors, walls, cosmetic repairs)
• Potential for expansion above: possibility of converting into a maisonette
• Sold directly by the owner, no commission fees
Key details:
• Purchase price of the apartment: €330,000 (€4,064/m²)
• Potential for expansion in the attic above: €35,000 (purchased together with the apartment)
• Monthly building fees: approximately €187 (forecast), of which approximately €66.75 is not included in the operating costs (reserve for maintenance and administration) and approximately €120 is included in the operating costs (estimated: current advance payment for a comparable apartment in the building)
• If rented out: estimated gross rent of €1,100 (€13.55/m²), gross rental yield of approximately 4.0%
Expansion potential:
The purchase of the expansion potential in the attic above, priced at €35,000, is included with the purchase of this apartment. Here, the living space can be expanded as a maisonette, or a new living unit can be created. Potential for owner-occupiers:
Three rooms on approximately 81 square meters, freshly renovated and ready to move in immediately – with the option to expand upwards later. Potential for investors:
As a vacant apartment, it can be re-rented at the current market rent. We would be happy to provide a personalized calculation, including financing and tax implications. Note regarding the photos: Some of the photos show AI-generated furniture as an example of possible furnishings. The remaining photos show the current condition before the renovation.

Knauerstraße is located in the popular Gostenhof neighborhood ("GoHo"), known for its cafes, trendy shops, cultural attractions, and easy access to the city center.

Distances:
• Rothenburger Straße subway station (U2/U3): approximately 300 meters
• Plärrer transportation hub: approximately 550 meters
• City center: approximately 1.5 kilometers
• Main train station: approximately 1.8 kilometers

Shops for daily necessities, schools, and kindergartens are within walking distance. Rosenau Park and the Pegnitz floodplain are also very close by.