Secret Sale
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
145m² Wohnung
separater Treppenhauseingang
| Type | Block of flats |
|---|---|
| Living area approx. | 766 m² |
| Year built | 1960 |
| Rooms | 29 |
|---|---|
| Bathrooms | 12 |
| Plot area | 779 m² |
|---|
| Purchase price | 3.700.000 € |
|---|---|
| Price per m² | 4,830.29 €/m² |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsFor sale is a very well-maintained and fully let apartment building in a central location in Hamburg-Eilbek. This attractive property was built in 1960 on a plot of approximately 779 m² using solid red-brick construction and consists of two building sections. The quietly located rear section contains a total of 8 apartments, while the front section, facing the street, comprises 3 additional apartments and a spacious commercial area (approx. 395 m²) on the ground floor. In total, the 11 apartments and the commercial area extend over a lettable area of approx. 1,165 m², in addition to a workshop (approx. 150 m²) and basement rooms (approx. 200 m²).
The apartments feature efficient layouts with living spaces ranging from approx. 50 m² to 65 m². One apartment in the rear building section offers approx. 82 m² of living space, while the front section contains a spacious apartment of approx. 145 m², which was extensively renovated in 2024 and now features a modern bathroom, a new fitted kitchen, and new flooring. All apartments are equipped with a kitchenette and a full or shower bathroom, and each also includes its own basement storage room.
Continuous modernizations have been carried out in recent years, particularly when tenants changed or as required. In 2012, the attic in the rear building section was converted into two modern apartments with loggias. At the same time, the roof was completely renewed, including thermal insulation, beams, and roof tiles.
The building structure and technical systems have been regularly maintained, and necessary repairs have been carried out promptly. The electrical panels were renewed in 2021, and the windows have been replaced as needed over the past 15 years with double-glazed plastic windows. The apartment building is heated by a low-maintenance district heating system.
Overall, the property is in very good and well-maintained condition. The current net cold rent amounts to approx. EUR 166,000 per year. This property is located in a sought-after area and therefore represents an excellent investment opportunity with strong potential for appreciation.
This apartment building is a worthwhile investment thanks to its central and sought-after location in Hamburg’s Eilbek district. The property is situated on a lively street, surrounded by numerous shops for everyday needs, cozy restaurants, and inviting cafés. The Proximity to schools, kindergartens, fitness studios and medical practices underscores the high attractiveness and quality of life of this neighborhood.
The excellent connection to public transport is another advantage. Several bus stops and the "Ritterstraße" subway station are in the immediate vicinity, allowing Hamburg city center and Wandsbek Markt with the "Quarree" shopping center to be reached quickly and conveniently. For motorists, the A24 motorway is only a few minutes away and provides a fast connection to the regional road network.
The surroundings also impress with numerous green spaces and parks, which are ideal for walks and recreation. The location of this apartment building combines urban living with excellent transport connections and diverse local recreation opportunities—a perfect combination that makes this property a first-class investment opportunity. In addition, there is high demand for rental apartments in this district, further increasing the property's attractiveness and potential for appreciation.
Distances:
Train station: 75 m
Bus: 160 m
Airport: 8.9 km
City center: 6 km
Primary school: 400 m
Secondary school: 1.7 km
Intermediate school: 1.2 km
Secondary modern school: 1.2 km
Doctor: 110 m
- Fully rented apartment building
- 11 apartments with a total of approx. 770 m² of living space
- 1 commercial unit with approx. 395 m² (2-year lease)
- 2 parking spaces
- Workshop & basement (approx. 150 m²)
- 145 m² apartment in the front building completely renovated in 2024
- Converted attic in 2012, including roof insulation
- District heating system with central hot water supply
- No index-linked or graduated rent
- Annual net rental income of approx. EUR 166,000 with potential for increase
- Yield of approx. 4.39%
- Sought-after location in Hamburg Eilbek
- Very well-maintained condition
Overview of apartments/commercial unit in detail:
Rear building section:
WE 1: 50.50 m² - ground floor left
WE 2: 82.06 m² - 1st floor left
WE 3: 63.98 m² - 2nd floor left
WE 4: 65.84 m² - 2nd floor right
WE 5: 63.91 m² - 3rd floor left
WE 6: 65.89 m² - 3rd floor right
WE 7: 62.00 m² - 4th floor left
WE 8: 62.00 m² - 4th floor right
Front building section:
WE 9: 145.00 m² - 1st floor
WE 10: 60.00 m² - 1st floor rear
WE 11: 48.12 m² - 1st floor front
Commercial unit: 395 m² - ground floor
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