Apartment building, newly renovated, in excellent condition.

Modernized Triplex Apartment Building in Hamburg-Finkenwerder – Attractive Investment Opportunity with Development Potential
This charming multi-family building, dating back to 1895, combines the character of a classic Hamburg property with extensive modernizations and attractive rental possibilities. The property offers investors a rare opportunity to acquire a well-maintained triplex apartment building in the desirable location of Hamburg-Finkenwerder, with immediate potential for increased rental income and further development. The total living space is approximately 116 square meters, divided into three apartments. Currently, the basement apartment is rented out and already generates regular income, while the other two apartments are vacant and have been extensively renovated, or are currently undergoing renovation. This allows the new owner to directly manage the rental process and adjust the rents to current market levels. The apartment on the top floor has just been renovated. In addition to fresh paintwork, the bathroom has been remodeled and the balcony has been improved. The ground floor apartment, with approximately... The apartment, measuring 45-47 square meters, is currently undergoing extensive renovations and will be available for occupancy or rental afterward. Significant technical upgrades were completed in 2013. The gas central heating system was replaced, and the electrical systems were brought up to modern standards. All apartments have a three-phase power supply, individual electrical distribution panels, and separate heat meters for transparent and fair billing. If the vacant apartments are rented out at market rates, the potential annual net cold rent is approximately 22,000 euros. This property offers an interesting perspective for long-term investors who rely on a stable housing market in Hamburg. Key features at a glance:
* Three-family house in a desirable location in Hamburg-Finkenwerder.
* Built in 1895, solid construction.
* Approximately... 116 m² total living area
* Three residential units
* One apartment is currently rented, while two units are vacant and recently renovated.
* The apartment on the upper floor has been completely modernized.
* The apartment on the ground floor is currently undergoing extensive renovations.
* Central heating system powered by gas, installed in 2013.
* Newly installed electrical system with three-phase power.
* Separate electrical distribution panels in each apartment.
* Heat meters for each residential unit.
* Potential annual net cold rent of approximately €22,000.
* Attractive investment property with further development potential.

Location:

Hamburg-Finkenwerde­r offers a peaceful, established residential area with excellent connections to downtown Hamburg. The district is characterized by its proximity to the Elbe River, its good infrastructure, and consistently high demand in the rental market. Shopping facilities, restaurants, schools, doctors, and numerous leisure and recreational opportunities are located nearby.

This is an ideal investment for investors looking for a manageable, modernized multi-family building with sustainable rental potential in a desirable location in Hamburg.