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Renovated house with 2 units and a garden.

21129 Hamburg (Finkenwerder)
349.000 €
87 m²
Living Area
129 m²
Plot Area
Apartment building or investment property
Apartment building

Investment property in Hamburg-Finkenwerder – well-maintained duplex house with two separate living units.
Purchase price: €349,000 | Approximately 90 m² of living space | 2 living units
Property Description
Attractive investment opportunity with diverse rental possibilities in Hamburg-Finkenwerder! This charming duplex house, built in 1881, offers investors an interesting opportunity to invest in a manageable residential property within the city of Hamburg. The house has a total of approximately 90 m² of living space, divided into two separate living units. The larger apartment extends over several levels and, with its bright and welcoming layout, offers an attractive home for couples or small families. The space is complemented by a separate apartment with approximately 30 m² of living space, its own kitchen, and its own bathroom. The division into two independent living areas creates various rental possibilities and a broad potential tenant base. Well-maintained condition and previous renovations
A significant advantage for investors is the renovated condition of the property. The house has been continuously modernized in recent years, and most recently underwent a comprehensive visual upgrade. The improvements include:
* Fresh renovation and redesign of the interiors
* Replacement of the front door
* New cladding for the chimney
* Roof inspection
* Freshly painted facade
* Exterior insulation installed in 2016
* Gas central heating system installed in 2016

These improvements create a solid foundation for long-term rental. Two living units – flexible rental concepts
The property offers interesting usage possibilities with its two separate living units. Living unit 1 – Duplex apartment
The larger living unit extends over several floors and is particularly suitable for couples or small families. The cozy layout, the bright living areas, and the well-maintained condition create excellent conditions for sustainable rental. Living unit 2 – Separate apartment
The approximately 30 m² apartment has its own kitchen and bathroom. The compact size of the apartments is particularly appealing to singles, commuters, or individuals with smaller living space requirements. Both units can be rented out independently, provided that the legal requirements for this are met. Location: Hamburg-Finkenwerder.

The property is located in the Hamburg district of Finkenwerder, a well-established residential area south of the Elbe River. Finkenwerder is characterized by its mix of quiet residential areas, green surroundings, and proximity to major employers. Shopping facilities, schools, kindergartens, and other essential amenities are located nearby. Access to public transportation and the Elbe ferry provide connections to other parts of Hamburg. This location offers interesting opportunities for renting to a variety of target groups. Attractive for investors.

This two-family house combines several features that make it an attractive residential property for investment purposes: * Two separate living units
* Varying apartment sizes and target tenant groups
* Modernization work already completed
* Insulated building envelope
* Gas central heating system from 2016
* Compact, low-maintenance property with approximately 129 m²
* Location within the city of Hamburg
* Potential for long-term rental income
Conclusion:
An interesting opportunity for investors looking for a manageable two-family house in the city of Hamburg.

Are you interested in this offer?

Object Number
OM-512708
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
349.000 €
Purchase additional costs
approx. 23,949 €
Total costs
approx. 372,949 €

Breakdown of Costs

Purchase price 349.000 €
Real estate transfer tax 19,195 € (5.50%)
Notary costs 3,142 € (0.90%)
Land register entry 1,613 € (0.46%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,426€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.13%

Details

Condition
Well-kept
Year of last modernization
2016
Number of floors
3
Total area
87 m²
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
1881
Equipment
Terrace, Garden, Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The exact address is hidden. The circle shows the approximate location of the property.

Location Check

Health good
Eating Out good

Energy

Final energy consumption
130.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
Gas

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Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Christian Reinhardt