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House for sale in Hamburg, Germany
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House for sale in Hamburg, Germany

3 500 000€

20535 Hamburg

Property description

Property Description: Multi-family house with commercial units (consisting of 30 studio apartments and 5 commercial units) spread across four floors with a basement. The total living space is 787 m², with units ranging from 24-31 m². The usable area covers 428 m², with units ranging from 84-86 m², as well as a storage area of 313 m². Built in 1957, renovations were carried out in 1980 (renewal of courtyard windows, rebuilding of the roof truss after a fire damage) and 2012 (renewal of street-facing windows, window and door components of two commercial units). The building has a district heating system from 1989 and hot water supply is provided by either an electric boiler or instant water heater. Overall, the building is in average condition with some modernization needed, although a complete interior inspection was only partially possible. The property is located in the area covered by the Social Preservation Ordinance Eilbek, which was issued on 07.01.2020. Price Thoughts: The asking price for this property is 3.500.000,00 EUR, but there is an opportunity to secure a potential 30% discount on the market value, allowing you to purchase the above-mentioned property for only 2.450.000,00 EUR. Additionally, notary fees and agent commission are waived. This property is one of many interesting options featured in our monthly IMMOBILIENVERSTEIGERUNGS-KATALOG. Contact us now at 0221-97459790 to access further information and acquire your desired property at a discounted rate.

Location

20535 Hamburg

Date added: 09.08.2024

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