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Two apartment buildings in a package with new construction potential of 3000m² gross floor area
22117 Hamburg (Billstedt)Two neighboring apartment buildings are for sale as a package. The houses are located in a quiet side street in the Billstedt district directly next to Schleemer Park. The two houses comprise 12 efficiently designed apartments, all of which are rented out. Free delivery is possible. The large plot without trees offers great potential for new construction. There is a valid preliminary decision for a demolition / new construction with approx. 3000m² gross floor area.
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Object Number
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OM-319418
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Object Class
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apartment building or investment property
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Object Type
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apartment building
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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2.550.000 €
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Purchase additional costs
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approx. 169,505 €
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Total costs
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approx. 2,719,504 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 8,636€
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Details
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Condition
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well-kept
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Number of floors
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3
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Total area
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680 m²
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Number of carports
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14
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Number of parking lots
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5
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Net rental income (target) p.a.
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90000 €
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Number of units
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12
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Heating
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central heating
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Year of construction
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1900
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
12 apartments with good rental potential
14 above-ground garages and 5 outdoor parking spaces
Good public transport connections
Development potential through new construction of 3,000 m² gross floor area according to preliminary decision
Location
This property is located in a quiet residential area of Hamburg-Billstedt. The micro-location is characterized by its small-town charm and extremely green surroundings. The connection to public transportation and the proximity to shopping facilities make this location particularly attractive for tenants and investors. Solid rentability and considerable development potential come together here.
Location Check
Energy
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Main energy source
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gas
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Miscellaneous
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