Rental residential and commercial building in Hamburg-Rahlstedt – No commission fees.

In a prominent residential and commercial location in Hamburg-Rahlstedt, a predominantly let residential and commercial building with approximately 842 m² of rentable space is being offered. The property, built in 1965, comprises seven apartments and two commercial units on a plot of approximately 783 m². A grocery store on the ground floor is a key source of revenue; according to the available documents, the lease term extends until December 31, 2036, with a five-year option. The current annual net cold rent is €86,548.80. Rent increases have been prepared or calculated for several existing residential units. Implementing the documented target rents would result in a calculated annual net cold rent of €90,235.44. In addition, the rental overview indicates one vacant apartment of approximately 63.5 m². At a purely calculated new rental rate of €950 per month, the total potential would increase to €101,635.44 in annual net cold rent. All future values are expressly not realized and are subject to legal, contractual, and factual reservations.

* Hamburg-Rahlstedt, in the Wandsbek district
* 9 units: 7 apartments and 2 commercial units
* Approximately 842 m² of rentable space on approximately... 783 m² plot of land
• Current net operating income (NOI): €86,548.80
• Current yield (based on a property value of €1,550,000): approximately 5.58%
• Target NOI: €90,235.44, yield approximately 5.82%
• Potential total income (including re-letting): €101,635.44, yield approximately 6.58%
• Long-term commercial tenant according to contract documents
• Commission-free for the buyer
The usable area is divided into approximately 333.5 m² of residential space and approximately 508.5 m² of commercial space. The apartments range in size from approximately 18 m² to approximately 85 m², representing market-standard sizes. The building's facade is characterized by the large commercial unit and the prominent brick construction. The mixed-use property combines current commercial income with a diversified residential portfolio. Current NOI: €7,212.40 per month, or €86,548.80 per year. Planned adjustments to the portfolio: €7,519.62 per month, or €90,235.44 per year. Estimated income from re-letting an unoccupied apartment: €950 per month. Total potential income: €8,469.62 per month, or €101,635.44 per year. The planned rent increases should not be considered as already effective or guaranteed. Before implementation or purchase, it is necessary to review the following: shipping, access, consent, rental index, capping limits, index basis, and contractual conditions.

The property is located in a well-established residential and commercial area of Hamburg-Rahlstedt. The surrounding area offers a convenient mix of residential properties, local amenities, and services; a grocery store is located directly within the property. The "Rahlstedter Weg (Mitte)" bus stop provides access to various destinations, including U Farmsen and Rahlstedt train station. Parks and recreational areas in the wider eastern part of Hamburg further enhance the location's appeal.