COURTAGEFREI - Fully let apartment building in Eimsbüttel with potential

The residential and commercial building on offer here was built in 1972 on a plot of approx. 519 m². The owner is a limited liability company. SHARE-DEAL is possible.

The apartment building is divided into 8 residential units and 2 commercial units in the basement. The total rental space currently amounts to approx. 609 m². The property offers potential for adding approx. 120 m². Planning permission has been applied for and is already in the approval phase.

The apartment sizes range from micro-apartments with sizes of approx. 20 m² to 3-4 room apartments with sizes of approx. 80 m². Of the 8 apartments, 6 apartments were already extensively renovated and refurbished in 2022/2023. The 2 commercial units were also extensively renovated. There is a permit for vacation rentals for the commercial units, as well as for 2 apartments. This makes Airbnb (vacation rental) possible. This can increase the yield enormously.

The property is currently fully let with fixed-term rental contracts. Due to the central and urban location, rentability is a given. The beach location is suitable for singles, students and families.

There are 6 outdoor parking spaces on the property. These can be rented to interested parties as part of the rental or externally.

The apartment building is located in a popular and lively neighborhood in the middle of Hoheluft-West in the district of Eimsbüttel. The district is characterized by its diversity. Shopping facilities for daily needs are available in the immediate vicinity and within walking distance. Osterstraße, which is well-known beyond the city limits, offers various shopping opportunities and invites you to take a stroll. The physical well-being is taken care of. Numerous restaurants, cafés and bistros with different tastes are located in the district. Thanks to its central location, all of Hamburg's key points can be reached quickly both by car and by public transport. The connection to the highways can also be described as very good. The connection to the local public transport network is guaranteed by various bus lines, which offer further connections to the S-Bahn and U-Bahn networks.