Apartment package with seven apartments and a small commercial unit – one apartment vacant

Key facts

Purchase price & costs

About this investment property

The package offered for sale comprises seven apartments W1–W7, including vacant apartment W6, as well as the small commercial unit G2 at Rahlstedter Weg 73 in Hamburg-Rahlstedt. The large commercial unit G1 is expressly excluded. Six apartments and G2 are listed as rented; the vacant apartment currently generates no net cold rent.

One apartment is currently vacant. The current annual net cold rent is €37,348.80. Additional rental potential of €13,104 per year is assumed for the vacant apartment. The asking price is based on 18 times the annual net cold rent, including this rental potential.

The current net cold rent is €3,112.40 per month. The assumed €1,092 per month for W6 is a calculated assumption for a new tenancy, not existing, guaranteed or already agreed income. Basis: €550 / 32.00 m² = €17.1875/m², applied to the previous contractual area of 63.50 m²; calculated as €1,091.40625, rounded to €1,092. Achievability and the legally permissible terms of a new tenancy must be assessed separately.

Including the rental potential, the annual net cold rent amounts to €50,452.80. A factor of 18 gives €908,150.40; asking price €908,150 negotiable. Based on the current rent, the factor is approximately 24.32. The portal's rent fields accept only whole euros and therefore display the rounded figure of €37,349; the exact current figure is €37,348.80. Operating and heating costs, back payments, and unexplained additional transfers do not increase the net cold rent.

The architect's calculation dated 09.09.2025, based on historical plans, states 361.22 m² of residential floor area and 59.95 m² of G2 commercial floor area, 421.17 m² in total. Areas stated in the rental agreements differ (apartments total 333.50 m², G2 65.50 m²). The contractual area of 63.50 m² for W6 is used for the rental-potential calculation. No current measurement is available; the areas for sale must be reconciled in full.

The legal separation and separate transferability of this package have not yet been demonstrated. No existing condominium division (WEG) is represented. Ancillary, common-area, land and parking rights must be separately allocated before a binding offer.

Fittings and features, as described

According to the architects’ calculation, the seven apartments have a bathroom and kitchen/cooking area. W2, W3 and W4 have roof terraces, and W5, W6 and W7 have balconies; these features do not apply to every apartment. The viewing is authoritative for the current condition. The main building is three storeys high, and the rear extension is single-storey.

Year built: 1965. Central heating using heating oil; hot water is electric.

Residential portion: consumption certificate dated 19.08.2024, valid until 19.08.2034; final energy demand 227,7 kWh/(m²a), energy efficiency class G. The reference area stated on the certificate is not the saleable residential area.

Commercial portion: consumption certificate dated 02.09.2024, valid until 01.09.2034; final energy demand for heating 339,2 and electricity 21,7 kWh/(m²a). These commercial values appear in the portal’s mandatory structured energy fields and are not considered an overall rating for the apartment package. The certificate lists “Commercial Unit 2” with a reference area of 508,5 m²; the specific assignment to G2 still requires confirmation from the issuer.

There is no verified evidence of completion of the damage to the boiler room from August 2026. Shared technical systems and costs have yet to be allocated to the packages. A lease refers to an energy-efficiency refurbishment planned from September 2027; no current execution or cost plan has been documented. A functional goods lift, parking rights or a defect-free condition are not guaranteed.

Other

Buyer's commission: 3% net plus 19% VAT, corresponding to 3.57% gross. The basis of calculation and due date are yet to be confirmed against the brokerage agreement.

Viewings by appointment, taking existing tenancies into consideration. Further property documents available after review and coordination.

DRAFT FOR REVIEW – not published. Publication on ohne-makler.net requires verifiable approval of the portal due to the buyer's commission. The legal allocation and the assignment of areas/certificates must be conclusively confirmed before publication. Historical floor plans are for guidance only and do not show a confirmed current condition. Genuine, correctly assigned interior photos of W6 and G2 are missing.

Legal notice / service provider: Ceyhun Demirkol, trading as Immo-State Immobilienverwaltung (sole proprietor), Alstertor 15, 20095 Hamburg, Germany. Telephone +49 176 3450 6335, email contact@immo-state.com. Permits pursuant to § 34c (1) sentence 1 Nos. 1 and 4 GewO dated 10.09.2025. Competent supervisory authority: Wandsbek District Office, Consumer Protection, Trade and Environment Department, Schloßgarten 9, 22041 Hamburg; gewerbeerlaubnisse@wandsbek.hamburg.de. Provider information: https://immo-state.com/impressum/

Location

Location details

Rahlstedter Weg 73, 22147 Hamburg, Rahlstedt district, Wandsbek borough. The building views and communal areas are provided to help situate the property. The offer includes only the seven apartments and G2, not the large food supermarket G1.