| Type | Block of flats |
|---|---|
| Living area approx. | 819 m² |
| Plot area | 1182 m² |
|---|
| Purchase price | 1.650.000 € |
|---|---|
| Price per m² | 2,015.83 €/m² |
| Commission | 6% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThis multi-family building was constructed in 1962 on a plot of approximately 1,182 m² in Hamburg-Georgswerder/Wilhelmsburg and offers investors an attractive investment opportunity with residential units rented on a long-term basis.
The building comprises a total of 15 residential units with a total living area of approximately 818 m². The apartments are well-lettable 2- and 3-room apartments with living areas ranging from approximately 43 m² to 58 m².
All apartments are currently rented. The tenants are predominantly long-standing tenants, resulting in stable tenancies and continuous income.
The property is complemented by nine garages and three outdoor parking spaces, which provide additional value and also contribute to the property's earning potential.
We will be happy to provide the annual actual rental income upon request.
Features
Year built: 1962
Plot size: approx. 1,182 m²
Total living area: approx. 818 m²
15 residential units
2- and 3-room apartments
Apartment sizes from approx. 43 m² to 58 m²
Fully rented
Predominantly long-standing tenancies
9 garages
3 outdoor parking spaces
Double-glazed windows from various modernization periods (1980s, 1990s, and after 2000)
Central oil-fired heating
Heating boiler replaced in 2008
Oil tank with a capacity of approximately 20,000 liters
Decentralized hot-water supply via instantaneous water heaters
Location
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