Residential and commercial building in popular Hermsdorf
Price
€1,590,000
Residential and commercial building in popular Hermsdorf
€1,590,000
~702.99 m² Total surface
~394 m² Living area
~893 m² Plot surface
~307.99 m² Rental Surface
Description
The property at Berliner Straße 138 is a residential and commercial building constructed in approximately 1915 with a total of six apartments, a retail unit, and a roofing company located in the coach house. The units are spread over three full floors and a converted attic and are currently all rented out except for one unit. The property is accessed via a well-maintained, recently renovated staircase and is heated by a gas central heating system installed in 2024. Following various renovation measures, the property is in very good condition, both technically and visually. Last year, three apartments were also extensively renovated. A fourth apartment on the first floor is currently undergoing extensive renovation. In addition to the renewal of the supply and sewage pipes and the electrical installations, high-quality bathrooms and fitted kitchens have been installed. The basement is also currently being renovated. Furthermore, a new front door, a new mailbox system, and a new electronic entrance barrier for access to the property and parking spaces have recently been installed. Due to their sizes of between approx. 55 and 80 m², the units are considered to be very easy to rent. The property is not subject to any preservation regulations.
Good condition after renovation
Six residential and two commercial units
Car parking spaces
Attic converted
Well-maintained stairwell
Gas central heating
Advertising billboard
Average residential rent: EUR10.38/sqm
Average commercial rent: EUR7.01/sqm
O42822
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-O42822
Property details
Property type
Investment
Total surface
~702.99 m²
Living area
~394 m²
Plot surface
~893 m²
Rental Surface
~307.99 m²
Usable surface
~702.99 m²
Target return
5.12 %
Energy efficiency information
Construction year
1915
Energy certificate available
No
Location: Hermsdorf, Berlin
Hermsdorf is a district of Reinickendorf that is popular with families. The residential area is characterized by well-kept single-family homes, modern city villas, and small apartment buildings with a middle-class population structure. Banks, bakeries, grocery stores, and supermarkets are within walking distance. Berlin city center can be reached in about 20 minutes by S-Bahn via the "Hermsdorf" S-Bahn station. By car, you can reach the city highway and thus the city center in a few minutes via Hermsdorfer Damm. The Tegeler Forst forest and Hermsdorfer See lake are within walking distance and invite you to take leisurely strolls.
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