Object description
This exclusive multi-unit building in Elmshorn, an ideal capital investment, offers you immediate returns and enormous development potential. Built in 1935, this property on Rehmkestraße currently comprises eight residential units, each approx. 50 sqm, generating impressive annual rental income of €51,000. This makes it an attractive income-generating property in the sought-after Hamburg metropolitan region.
The highlight: In 2022, a positive building pre-approval was obtained, valid until 2026. This permits the demolition of the existing building and the construction of a new multi-unit building with six modern residential units, distributed over two full floors and a penthouse level. Additionally, a dedicated parking space is planned for each new residential unit. A rare opportunity to buy a multi-unit building in Elmshorn and develop it according to your vision. Seize this chance to expand your Elmshorn real estate portfolio and benefit long-term from this future-proof investment.
Location & surroundings
The charming city of Elmshorn, located in the district of Pinneberg, is an attractive location in the Hamburg metropolitan region. With approximately 50,000 inhabitants, it offers excellent infrastructure and a high quality of life. Rehmkestraße benefits from its central location in Elmshorn.
Elmshorn captivates with a picturesque old town featuring historic buildings, diverse shopping opportunities, and cozy cafés. Cultural highlights such as the City Cinema and Municipal Theater enrich the offerings. The city boasts numerous green spaces for recreation. Excellent transport links, including proximity to the A23 motorway and a well-connected train station, ensure quick accessibility to Hamburg and the North Sea coast. Schools, doctors, and all facilities for daily needs are conveniently accessible, which increases its attractiveness for both tenants and owner-occupiers alike.