Fully leased residential and commercial building in the sought-after Weißensee neighborhood

€1,390,000
  • ~669 m² Total surface
  • ~591 m² Living area
  • ~379 m² Plot surface
  • ~77 m² Shop surface

Description

The property is a residential and commercial building constructed around 1918, featuring eight apartments and one commercial unit spread across three full stories in the front building, which is situated on a corner lot. The property is accessed via two well-maintained stairwells and is in solid condition, both technically and visually. Several period details, such as historic doors and corresponding ceiling heights, are present and lend the property a certain charm. The fully leased residential units are heated by gas-fired radiators and supplied with hot water. Some of the apartments feature laminate flooring. The apartments have tiled bathrooms. The property has undergone partial renovations since 1998. Between 1998 and 2000, the water pipes were replaced, and some of the larger apartments were completely renovated. In 2008, the facade was renovated and fitted with thermal insulation. The roof was also replaced, including the entire roof truss, and additional apartments were modernized. In 2021, the gas lines in the basement were replaced; this has not yet been done in the rest of the building. New windows have been installed throughout the property. With the exception of the commercial unit, which is in a basic condition, all units have been successively renovated or modernized and are in a contemporary state. As of August 2026, a rent increase of EUR75 net per month was announced for the commercial unit. In 2027, rent increases are possible for some apartments, which could raise the annual base rent by an additional approximately EUR4,800 based on current estimates. The property is located within the scope of a preservation ordinance, the "Langhansstraße" neighborhood preservation area, and, since 2021, within the formally designated "Langhansstraße" redevelopment area. Historic Preservation and Redevelopment District Sought-after residential area Partially renovated Some original architectural details preserved Good condition Gas-fired individual heating systems Energy efficiency class: D Attic not converted Fully leased Average residential rent: EUR7.68/sqm Average commercial rent: EUR6.87/sqm 46927
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-46927

Property details
  • Property type

    Investment

  • Total surface

    ~669 m²

  • Living area

    ~591 m²

  • Plot surface

    ~379 m²

  • Shop surface

    ~77 m²

  • Usable surface

    ~669 m²

  • Target return

    4.38 %

Energy efficiency information
  • Construction year

    1918

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    111.7 kWh/m²a

  • Energy source

    Gas heating

Location: Weissensee, Berlin

The popular residential district of Weißensee has retained its quiet, almost small-town character. The numerous parks, such as the nearby "Weißenseer Park" with the Weißen See—a popular local recreation spot—as well as the Jewish Cemetery and the historic town center at Pistoriusplatz, along with the shopping options at Antonplatz and along Berliner Allee, offer residents a high quality of life. Public transportation by bus and tram is very well connected. Alexanderplatz is about ten minutes away by tram, Friedrichstraße about twelve minutes, and Hackescher Markt about 15 minutes.

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