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Hanover-Misburg 2 MFH - 11 residential units with a total of approx. 660 living space

30629 Hannover (Misburg-Nord) – Niedersachsen
1.095.000 €
660 m²
Living Area
1,250 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

Two solid multi-family buildings in a central location in Hannover Misburg-Nord. Total living space: approximately 660 square meters. Land size: approximately 625 square meters per building. The buildings are fully basemented and each has one side that is fully insulated. The gardens are used by the tenants. Until recently, both buildings were fully occupied, generating rental income of €57,000. For viewing purposes, we currently have two apartments available that can be rented out immediately at significantly higher rents (see tenant list). One of the vacant apartments is well-renovated (Building 85, ground floor, left, see photos). The other vacant apartment (Building 85, first floor, left, also see photos) was completely renovated in 2026 after the death of the long-term tenant, with new floors, electrical wiring, and kitchen. The apartments are in good condition, offer attractive sizes, have good rental potential, and have long-term tenants (some for over 20 years). There is potential to increase rents, and there are no agency fees. Building 85 has 6 apartments:
* 2 x Two-room apartments, each 45 square meters.
* 4 x Three-room apartments, each 59 square meters.
Building 87 has 5 apartments:
* 2 x Three-room apartments, each 54 square meters.
* 2 x Three-room apartments, each 64 square meters.
* 1 x Five-room apartment (second floor) of 104 square meters, plus attic.
All apartments have gas-powered central heating systems that are already compliant with current regulations.

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Object Number
OM-372774
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.095.000 €
Purchase additional costs
approx. 67,807 €
Total costs
approx. 1,162,806 €

Breakdown of Costs

Purchase price 1.095.000 €
Real estate transfer tax 54,750 € (5.00%)
Notary costs 8,639 € (0.79%)
Land register entry 4,418 € (0.40%)
Broker commission 0€ (0%)

* 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

Does this property fit my budget?

Estimated monthly rate: 4,073€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.58%

Details

Condition
No information
Total area
660 m²
Net rental income (actual) p.a.
57000 €
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1950
Equipment
Garden, Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, Public transport

Information on equipment

Whenever tenants moved out, the apartments were renovated and brought up to current standards, including the installation of laminate flooring and fitted kitchens.

Please find attached a list of tenants, including apartment size and location, move-in and renovation dates, year of construction of the heating systems, and rental prices.

Location

The two buildings are centrally located in the Misburg district of Hanover, very close to the Mittelland Canal. They offer excellent transport links, with public transport (a bus stop right outside, and a train station about a 10-minute walk away). The Medical School of Hanover (MHH) is also nearby.

Location Check

Child Friendliness
Sports
Shopping
Public Transport
Health
Eating Out
Culture
Nature
Nightlife

Energy

Energy efficiency class
H
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
327.00 kWh/(m²a)

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Patricia Korneffel