Rented apartment in a classic building with a stable investment potential | 3rd floor | central location in Hamburg-Wandsbek.

For sale is a tenanted apartment in a classic Hamburg building, located in a quiet yet central area of Hamburg-Wandsbek/Eilbek, near the Wandsbek-Carré. The apartment is on the 3rd floor and is ideal for singles and couples, as well as for long-term investors. The approximately 69 square meters of living space offer a very clear and marketable layout:

A centrally located hallway efficiently connects all the rooms. Around the hallway are:
- A separate kitchen with IKEA cabinets, including a refrigerator, dishwasher, and stove.
- A small pantry.
- A bathroom with a shower, featuring modern black tiles.
- Three rooms, two of which are connected by a large, historical double sliding door. All living areas have the typical Hamburg parquet flooring (bathroom is tiled). The double sliding door allows for both an open and a separate layout, emphasizing the classic building character while maintaining high rental potential. Digital features (adding significant value):
- CAT-6 network cabling in all rooms (except the bathroom).
- Central bundling of all network cables in a built-in hallway cabinet. - Fully connected apartment
- Cable internet available
→ ideal for home office, streaming, and modern rental requirements
Features and additional spaces
- Approximately 69 m² of living space
-
- Upper floor
- Three rooms
- Historic double sliding door
- Wooden floors throughout the living areas (pitchpine)
- Kitchen with built-in IKEA units and appliances
- Storage room with washing machine connection (older washing machine available)
- Cellar room
- Storage space in the attic
- Shared laundry room in the basement
- Large communal garden for shared use (very quiet sleeping environment)
Building and technology
- Roof completely renovated and up to current standards
- Further energy-efficient measures planned
- Central heating (oil) - heating costs fully within reasonable limits
- Well-maintained communal areas
- Service charges approximately €300 per month, of which approximately €100 is a monthly contribution to the reserve fund
Rental and investment opportunity
- Currently rented
- Cold rent: €750 per month
- No rent increases have been implemented for a long time
- Legally, a rent increase of up to 15% is possible
- Very good rental potential due to location, layout, historic charm, and digital features. - Investments already made provide planning certainty and value stability.
Location:
- Quiet side street in Wandsbek/Eilbek.
- Excellent public transportation links (bus stops within walking distance).
- Wandsbek Market easily accessible (subway/S-Bahn, shops, restaurants).
- Eichtal Park nearby – ideal for jogging and relaxation.
- Kindergartens, schools, swimming pool, and local amenities in the immediate vicinity.
- Free parking spaces in front of the building, parking spaces in nearby underground garages available for rent.
- A1 motorway accessible by car in approximately 8 minutes.
Purchase Price:
€340,000 (Please note: Private sale, NO AGENT).
Conclusion:
A classic Hamburg building, offering a solid investment opportunity with a well-designed layout, stable rental income, potential for rent increases, a unique digital feature, and sustainable value in a highly desirable location. Ideal for existing property owners and buy-and-hold strategies.