Charming 4-room apartment, currently rented, a lucrative investment property, available commission-free.

The apartment (2nd floor/top floor) is located in a well-maintained residential complex with excellent construction quality, situated on a remarkably large plot of land (6,646 m2). The garden area, partially enclosed, is maintained by professional gardeners. The residential complex is well-managed by a qualified property management company. The apartment features a large south-facing balcony with a wide awning. The apartment includes a large, dry storage room with a metal door and a usable area of 24 m2. The residential complex is predominantly occupied by owners. The homeowners' association is peaceful and in good harmony. The developer of the residential complex was the Hamburg Rahlstedt Housing Cooperative, which built to a very high standard (1972). For example, the wall thickness of the masonry is an unusual 42 cm, resulting in minimal heat loss through the exterior walls and preventing overheating of the living spaces in the summer. Heating costs are moderate. There is no need for energy-related renovations (-> energy class = D). The heating water pipes are hydraulically balanced. There is no backlog of repairs. Necessary measures have been carried out in a timely manner. No special assessments are anticipated for owners for costly measures. The reserve fund amounts to over €230,000 (of which €5,649 is allocated to the apartment), providing a good buffer for future maintenance. This well-maintained apartment is being sold commission-free as a lucrative and stable investment. It is currently well-rented after many years of owner-occupation (with a stepped rent agreement since 06/2019, a rental period of less than 8 years, and young tenants). The existing rental agreement ensures predictable, increasing rental income and a profitable return. The possibility of owner-occupation can be realistically considered. Key information for investors is summarized below, along with all maintenance and improvement measures that have been carried out.

The apartment is located away from a quiet street in the popular Hamburg-Stellingen district – an area that combines urban convenience with a green environment.
Public transportation links are excellent: Several bus lines and the "Hagenbeck Zoo" subway station are easily accessible (16 minutes to Jungfernstieg).
The A7 highway is very close by, running underneath the Stellingen highway cover.
The nearby Niendorfer Gehege nature reserve, the Kollau hiking trail through the meadows, the "Stellinger Schweiz" area, and the newly redesigned green spaces on top of the A7 highway cover offer opportunities for walking and cycling.
Shopping options include: Stellinger Höfe, Eidelstedt shopping center, and Niendorf/Tibarg.