Well-maintained apartment building with 5 units and one vacancy in a quiet neighborhood in Lichterfeld

€1,000,000
  • ~341 m² Total surface
  • ~342 m² Living area
  • ~854 m² Plot surface
  • Construction year 1965

Description

The property is a multi-family home with a full basement and 5 residential units, built around 1965. The generously sized lot, which includes a garden and has a footprint of approximately 854 m², faces southwest, while the property itself is oriented east-west. This ensures optimal natural lighting conditions. The building's facade is insulated with an external thermal insulation composite system, and the windows have been replaced with insulated glass units. The residential units are heated by a central oil-fired heating system, while hot water is supplied locally via instantaneous water heaters. The renovated and modernized units are distributed across an upper floor and a ground floor; one apartment is located in the basement—two units feature larger balconies. One residential unit on the upper floor is still undergoing final modernization. Additional units (on the ground floor and in the basement) can be vacated upon signing the contract. The property is not located in a protected neighborhood zone. Popular residential area Good condition, well-maintained by the owner Low vacancy rate Oil-fired central heating and electric instantaneous water heaters Two garage parking spaces Energy efficiency class D Average residential rent: 6.69 EUR/m² O182615
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O182615

Property details
  • Property type

    Investment

  • Total surface

    ~341 m²

  • Living area

    ~342 m²

  • Plot surface

    ~854 m²

  • Usable surface

    ~341 m²

  • Target return

    2.95 %

Energy efficiency information
  • Construction year

    1965

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    160.8 kWh/m²a

  • Energy source

    Oil heating

Location: Lichterfelde, Berlin

The Zehlendorf district is located in the southwestern part of Berlin and is a highly sought-after and popular residential area, surrounded by many parks and green spaces. The district's character is also defined by beautiful historic buildings and stately city villas. Thanks to its excellent infrastructure and numerous leisure and recreational opportunities, the district remains a popular destination for young families. The numerous restaurants, cafés, and shopping options are within easy reach on Clayallee or Teltower Damm. The nearby Schlachtensee and Wannsee lakes are easily accessible via the "Zehlendorf" S-Bahn station, thanks to the district's good connection to the S-Bahn network, and are perfect for a day trip. Renowned schools, such as the "John F. Kennedy Gymnasium" and the "Droste-Hülshoff Gymnasium," are also located in the immediate vicinity and can be reached on foot in about 10 minutes.

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