Description
A fully rented apartment building in a central location in Hamburg-Eilbek is for sale - an attractive investment opportunity. The building, which was built in 1960, consists of two parts on a plot of land of approx. 779 m². The rear part offers eight residential units, while the front, street-side part comprises three apartments and a commercial area of approx. 395 m². The total rentable area is approx. 1,161 m², plus a workshop (approx. 150 m²) and basement rooms (approx. 200 m²). The building has been continuously modernized, especially when tenants change. A 145 m² apartment in the front part was extensively renovated in 2024 and offers a modern bathroom, a new fitted kitchen and high-quality floors. All apartments are equipped with a kitchenette and their own basement room. In 2012, the attic in the rear part of the building was converted into two apartments with loggias, the roof was extensively renewed and thermally insulated. The technical facilities are also up to date, including new electrical boxes (2021) and double-glazed plastic windows, which have been replaced as needed over the last 15 years. Heating is provided by a low-maintenance district heating system. With a current net rent of around € 166,000 per year and the sought-after location, this property offers an attractive return and also great potential for value appreciation for investors.Hamburg-Eilbek is a central and well-connected district in the Hamburg-Nord district. The location offers an ideal combination of urban life and quiet residential areas, making Eilbek a sought-after residential area. The proximity to the city center and the excellent transport links through several S-Bahn and U-Bahn lines as well as bus connections ensure high accessibility, both for commuters and business people. Eilbek is characterized by a diverse development, ranging from well-preserved old buildings to modern apartment buildings. The district has a developed infrastructure with numerous shopping opportunities, schools, daycare centers and medical facilities. Green spaces such as the Eilbek Canal and the nearby Wandsbeker Gehölz also offer recreational opportunities and contribute to the attractiveness of the district. Due to its central location and the continuous demand for residential and commercial space, Eilbek is a stable and profitable location for real estate investments. The district benefits from dynamic rental development and solid growth potential, making it a promising option for investors who are looking for both long-term value appreciation and sustainable rental returns. Overview of apartments/commercial space in detail: Rear part of the building: 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 part of the building: WE 9: 141.00 m² - 1st floor WE 10: 60.00 m² - 1st floor rear WE 11: 48.12 m² - 1st floor front Commercial space: 395 m² - ground floor The buyer's commission is 4.99% of the purchase price including 19% statutory VAT. The commission is earned upon notarized conclusion of the purchase contract and is to be paid to us after invoicing. Passing on the exposé to a third party does not release you from the obligation to pay commission for this offer. All information is without guarantee and is based exclusively on information provided to us by our client. We assume no liability for the completeness, accuracy and timeliness of this information. The floor plans are not to scale and are for illustrative purposes only. This exposé is to be understood as non-binding information and cannot be used as a legal basis. Only the notarized purchase contract is legally binding. For a viewing appointment and all information on the property in question, simply use the contact form above. Please note that we can only process inquiries with complete contact details (name, address, telephone number, email). A current energy certificate will be presented during the viewing if required.
