| Type | Block of flats |
|---|---|
| Living area approx. | 306 m² |
| Bedrooms | 6 |
| Rooms | 11 |
|---|---|
| Bathrooms | 5 |
| Plot area | 313 m² |
|---|---|
| Usable floor area | 304 m² |
| Purchase price | 665.000 € |
|---|---|
| Price per m² | 2,173.20 €/m² |
| Commission | 0 |
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 assumptionsProperty no.: 1070434
This highly appealing multi-family house in a central location in Elmshorn is a value-preserving and high-yield investment with a long-term perspective. Built in 1928, the building combines the charm of a classic period property with solid building fabric that has been maintained over the years. A total of four residential units are available in the main house, along with an additional unit in the separate ancillary building, resulting in a total living area of approx. 306 m² on a plot of approx. 313 m².
The property is fully let and currently generates annual net cold rent of €42,903.60, ensuring stable and reliable income. All tenancies are structured as index-linked rental agreements, thus providing effective protection against inflation. Rents have not yet been adjusted, but this can be done at short notice. This offers investors immediately realizable rental increase potential while maintaining a secure letting situation.
The property's overall condition can be described as solid and offers investors an interesting starting point for targeted modernization measures and further increases in value. The property is therefore particularly suitable for investors seeking not only ongoing income but also development potential within their existing portfolio.
The central location in Elmshorn, with excellent local amenities and short distances to shopping facilities, restaurants, doctors and public transport, ensures consistently high rental demand and underscores the property's appeal. Overall, this represents an excellent opportunity for investors seeking stable returns, a sought-after location and an index-linked rental structure with further development potential.
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