House for sale • 842 m² without real estateHamburg Rahlstedt Hamburg 22147

Below is the English translation of the provided text:

In a prominent residential and commercial location in Hamburg-Rahlstedt, a predominantly rented residential and commercial building with approximately 842 m² of leasable space is offered. Built in 1965, the property comprises seven apartments and two commercial units on a plot of about 783 m². A grocery store on the ground floor is the primary income generator; according to the available documents, the contract’s fixed term runs until December 31, 2036, with an additional five-year option.

The current annual net cold rent amounts to €86,548.80. Planned rent increases have been prepared or calculated for several existing residential units. After the planned target rents are implemented, a calculated annual net cold rent of €90,235.44 is expected. In addition, the rent schedule shows one vacant apartment of approximately 63.5 m². At a purely calculated re-leasing rent of €950 per month, the overall potential would increase to €101,635.44 in annual net cold rent. All future values are expressly not yet realized and are subject to legal, contractual, and factual reservations.

• Hamburg-Rahlstedt in the Wandsbek district

• 9 units: 7 apartments and 2 commercial units

• Approximately 842 m² of leasable space on a plot of roughly 783 m²

• Current actual annual net cold rent (IST-JNKM): €86,548.80

• Actual factor at €1,550,000: approximately 17.91

• Actual gross yield: approximately 5.58%

• Planned inventory target: €90,235.44 annual net cold rent / factor of approximately 17.18

• Calculated overall potential including re-leasing: €101,635.44 annual net cold rent / factor of approximately 15.25

• Long-term commercial anchor tenant as per contract documents

• No commission for the buyer

The usable space is distributed into approximately 333.5 m² of residential space and about 508.5 m² of commercial space. The apartments have marketable sizes ranging from about 18 m² to around 85 m². The street presence is defined by the large commercial unit and the prominently visible brick building. The mixed use combines ongoing commercial income with a diversified residential portfolio.

Current net cold rent (IST-NKM): €7,212.40 monthly or €86,548.80 per year

Planned inventory adjustments: calculated at €7,519.62 monthly or €90,235.44 per year

Re-leasing assumption for the vacant apartment: €950 monthly

Overall potential: calculated at €8,469.62 monthly or €101,635.44 per year

The planned rent increases should not be considered as already effective or guaranteed. Details regarding dispatch, access, approval, reference to the rent index, capping limits, base index, and contractual requirements must be verified prior to implementation or acquisition.

The property is located in an established residential and commercial area of Hamburg-Rahlstedt. The surroundings offer a close-to-life mix of housing, local supply, and services; grocery facilities are available directly on the premises. The “Rahlstedter Weg (Mitte)” stop connects the area, among other destinations, to U Farmsen and Rahlstedt station. Green spaces and recreational areas in the wider eastern Hamburg area further enhance the quality of location.

Technical data:

• Year built: 1965

• Oil central heating built in 2007 according to documents

• Energy performance certificate indicating 227.7 kWh/(m²·a), energy source: oil, efficiency class: G

• The airtightness test has not yet been carried out according to the documents

• The service elevator is currently out of operation and requires a new TÜV inspection

Purchase price: €1,550,000

Buyer's commission: commission-free

All information is based on the available documents and must be verified by the buyer as part of their own due diligence. Future rents and yields are non-binding calculated figures and do not constitute a guarantee or an agreement on the condition of the property. Errors, changes, and prior sale remain reserved.

Please feel free to request the detailed brochure, the anonymized rent schedule, and additional property documents. Viewings are coordinated after a qualified inquiry and in consultation with the tenants.

Immo-State

+49 176 345 06 335

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