House for sale • 842 m² without real estateRahlstedter Weg 73 Hamburg Rahlstedt Hamburg 22147

For sale: a rented residential and commercial building in Hamburg-Rahlstedt with 9 units, approximately 842 m² of leasable space, and a current actual annual net cold rent of €86,368.80. The property combines ongoing residential and commercial rents with a long-established commercial component, as well as additional rental and re-leasing potential.

With a purchase price of €1,495,000 (negotiable), the current factor is approximately 17.3, corresponding to a current gross yield of about 5.78%. One vacant apartment along with development opportunities for rental increase provides additional prospects for investors and long-term owners.

The residential and commercial building was constructed in 1965 and is situated on a plot of approximately 783 m² in Hamburg-Rahlstedt. The total leasable area is around 842 m², divided into about 333.5 m² of residential space and approximately 508.5 m² of commercial space.

The building comprises 7 apartments and 2 commercial units. Currently, 8 out of 9 units are leased. One apartment of about 63.5 m² is currently vacant and offers immediate potential for re-leasing. The apartments come in marketable sizes ranging from about 18 m² up to approximately 85 m², appealing to various tenant groups.

The main income generator is the large commercial unit on the ground floor, complemented by an additional commercial space on the upper floor. This results in a diversified income structure with both residential and commercial rents.

The current actual net cold rent is €7,197.40 monthly, or €86,368.80 annually. Based on this data, with a purchase price of €1,495,000, the current factor is roughly 17.3. After implementing the identified existing rental potential and recalculating the rental for the vacant apartment, the annual net cold rent could theoretically increase to approximately €101,635.44. These future values should be understood as potential figures, not as rent currently collected.

The property is located at Rahlstedter Weg 73 in Hamburg-Rahlstedt, an established residential area in the Wandsbek district. The immediate surroundings are characterized by residential buildings, local supply stores, small commercial businesses, and service offerings.

The location offers good everyday convenience for tenants: shopping options, everyday amenities, and public transportation connections are in the vicinity. The “Rahlstedter Weg (Mitte)” stop connects the location, among others, to U Farmsen and Hamburg-Rahlstedt train station.

For investors, the combination of a Hamburg city location, ongoing rental income, established housing demand, and additional rental development potential is particularly appealing. Rahlstedt is one of the major residential areas in Hamburg’s east and offers solid demand for affordable rental housing.

Features and property details:

• Residential and commercial building with 9 units

• 7 apartments and 2 commercial units

• Approximately 842 m² of total leasable area

• About 333.5 m² of residential space

• Approximately 508.5 m² of commercial space

• Approximately 783 m² plot

• Oil central heating, built in 2007 according to documents

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

• Current actual annual net cold rent: €86,368.80

• One vacant apartment with potential for re-leasing

• No buyer’s commission

The provided photos mainly show exterior views and common areas. Interior shots of leased units are not published out of respect for the tenants’ privacy.

The sale is commission-free for the buyer.

All information is based on the available property, rental, and contract documents and has been carefully prepared. The current actual annual net cold rent is €86,368.80. The depicted future rents and rental potentials are calculated scenarios and do not replace the current actual rent. Any possible rental adjustments will be implemented in accordance with the applicable legal, contractual, and factual conditions.

Further property documents, the anonymized rental overview, and viewing appointments are available to qualified interested parties upon request. Viewings will be arranged collectively and conducted with due consideration for the tenants after prior coordination.

Errors, changes, and prior sale are reserved.

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