Apartment building in the heart of Charlottenburg with potential for new construction

The property being offered is an apartment building constructed around 1962, comprising a total of 17 residential units spread across five full stories. The building is accessible via both a well-maintained stairwell and a passenger elevator, making it convenient to reach all apartments. The property is in sound structural condition and is centrally heated via district heating. The property offers residents a total of four garages and four outdoor parking spaces—an attractive feature given the parking situation in this inner-city location. Some of the neighboring buildings are seven stories tall, making an addition to the existing building theoretically feasible—subject to review and approval under building regulations. This opens up additional development potential in the medium term. Overall, the property offers an interesting mix of existing quality and potential for value appreciation, whether through structural expansions or long-term rental growth. The property is located neither in a redevelopment zone nor within the scope of a preservation ordinance. Sought-after, central residential location Quiet side street off Ku'damm District heating Energy efficiency class F Most units have balconies Potential for additional stories Parking spaces Fully leased Average rent for residential units: EUR8.68/sqm 71694