Residential and commercial building in Hamburg-Rahlstedt | €86,369 current net operating income | Rental potential.

For sale is a residential and commercial building in Hamburg-Rahlstedt, comprising 9 units, approximately 842 square meters of rentable space, and a current net annual rental income of €86,368.80. The property offers a combination of ongoing residential and commercial rents, with a significant long-term commercial component, as well as additional rental and re-letting potential. With an asking price of €1,495,000, the current yield factor is approximately 17.3, and the current gross yield is approximately 5.78%. A vacant apartment, along with prepared opportunities for rental development, offer additional perspectives for investors and existing owners. The residential and commercial building was constructed in 1965 and is located on a property of approximately 783 square meters in Hamburg-Rahlstedt. The total rentable area is approximately 842 square meters, comprising approximately 333.5 square meters of residential space and approximately 508.5 square meters of commercial space. The property consists of 7 apartments and 2 commercial units. Currently, 8 out of 9 units are rented. One apartment, approximately 63.5 square meters in size, is currently vacant and offers short-term re-letting potential. The apartments range in size from approximately 18 square meters to approximately 85 square meters, catering to a diverse range of tenants. The primary source of income is the large commercial unit on the ground floor. This is complemented by another commercial space on the upper floor. This creates a diversified income structure from residential and commercial rents. The current net cold rent is €7,197.40 per month, or €86,368.80 per year. Based on this, with a purchase price of €1,495,000, the current yield factor is approximately 17.3. After realizing the potential rental income described and factoring in a projected re-rental of the vacant apartment, the annual net cold rent could potentially reach approximately €101,635.44 per year. These future values should be understood as potential income and not as the current rent being received.

The property is located at 73 Rahlstedter Weg in Hamburg-Rahlstedt, a well-established residential area in the Wandsbek district. The immediate surroundings are characterized by residential buildings, local amenities, small businesses, and service providers.

The location offers excellent convenience for tenants, with shops, essential services, and public transportation links nearby. The "Rahlstedter Weg (Mitte)" stop provides connections to U Farmsen and Rahlstedt train station, among other destinations.

For investors, the combination of a city location in Hamburg, ongoing rental income, established demand for housing, and additional potential for rental growth is particularly attractive. Rahlstedt is one of the major residential areas in eastern Hamburg and offers strong demand for affordable rental housing.