Residential and commercial building in List, Hanover.

For sale is a multi-family building located in the highly desirable List district. It is a residential building situated in the courtyard, with a side wing attached to the main building. The residential building comprises 6 apartments, each with a living area of approximately 52-58 square meters. On the ground floor, there is a loft space of approximately 135 square meters, which is planned for renovation in the near future. The side wing consists of three commercial units, all of which are currently rented. Three of the apartments have already been completely renovated and are finished to a high standard. The remaining three apartments are in good condition and offer potential for rent increases. The loft on the ground floor is already planned and is about to be renovated. Potentially, an additional approximately 175 square meters of commercial space in the side wing could be converted into residential space, although this has not yet been definitively assessed. The property, along with the main building, has already been divided according to the "Wohnungseigentumsgesetz" (WEG - German law for condominiums). Therefore, the property being offered for sale is a package consisting of 10 residential units and shares of ownership. There is a clear financial separation between the main building and the building with the side wing, allowing owners to make decisions independently for the 10 units. The two renovated apartments and the loft can be delivered either vacant or with existing tenants. Regarding the commercial spaces in the side wing, there is a special termination clause at the end of the year. The current monthly net rent is 7,466.00 EUR. If the loft is rented out, the monthly net rent for the apartments will be approximately 5,300 EUR. Together with the commercial units, a net rent of approximately 8,000 EUR could be achieved.

The property is located in the state capital of Hanover, with a population of approximately 530,000, and enjoys a highly desirable and sought-after location near Lister Platz, surrounded by multi-family buildings from the Gründerzeit era. The infrastructure is virtually ideal. You'll find everything you need within easy walking distance: shops, public transportation, restaurants, cafes, bakeries, and leisure activities. The property is easily rentable.