Apartment building with available units in a prime location in Steglitz

€1,300,000
  • ~520 m² Total surface
  • ~520 m² Living area
  • ~803 m² Plot surface

Description

The apartment building was constructed around 1962 and comprises a total of ten apartments, which are accessed via a well-maintained entrance area with a stairwell. The property is in good technical condition. The apartments have been renovated in stages. In addition, there are two units on the ground floor that are currently occupied by the owner and will be handed over vacant. These are currently connected by the spacious terrace and are also in good condition. The roof was last renovated in 2010. Each apartment has a basement storage unit. The basement was renovated in 2012. In 2013, the facade was renovated and painted. The terraces of the ground-floor units were built in 2014. The apartments on the upper floors feature either balconies or French balconies. In addition, the property includes a well-maintained and beautiful garden as well as two garage parking spaces, which will also be handed over vacant. There is also a wallbox for charging electric cars. Heating is provided by an oil-fired central heating system with decentralized hot water production. In addition, the property has a rooftop photovoltaic system combined with a battery storage unit, the output of which is currently used for the owner's apartment. The property is not located in an area subject to preservation regulations. Good condition Two apartments becoming available Solar power system with battery storage and wallbox Terraces, balconies, French balconies Spacious, well-maintained garden Oil-fired central heating Energy efficiency class E Garage parking spaces (becoming available) Average rent for residential units: 7.68 EUR/sqm 37989
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-37989

Property details
  • Property type

    Investment

  • Total surface

    ~520 m²

  • Living area

    ~520 m²

  • Plot surface

    ~803 m²

  • Usable surface

    ~520 m²

  • Target return

    4.76 %

Energy efficiency information
  • Construction year

    1962

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    132 kWh/m²a

  • Energy source

    Oil heating

Location: Steglitz, Berlin

The property is located in the popular Berlin district of Steglitz-Zehlendorf and is characterized by its quiet, established residential neighborhood. The area is marked by well-maintained apartment buildings, single-family homes, and numerous green spaces such as the Botanical Garden, offering a high quality of life and living. The area's infrastructure is excellent. Shops for daily necessities, supermarkets, pharmacies, doctors' offices, schools, and daycare centers are located in the immediate vicinity and are, in some cases, within walking distance. The nearby "Das Schloss" shopping center and Schloßstraße are among Berlin's most important shopping and service hubs, offering a wide range of retail, dining, and recreational options. Public transportation connections are very good. Several bus routes, as well as S-Bahn and U-Bahn connections near Rathaus Steglitz, ensure quick access to downtown Berlin and the capital's major business districts. Berlin's City-West district and the city highway are also just a short drive away.

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