Well-maintained apartment building near Kurt-Schumacher-Platz

€1,650,000
  • ~754 m² Total surface
  • ~754 m² Living area
  • ~650 m² Plot surface

Description

The apartment building was constructed in 1982 using solid construction methods and has a full basement. It is particularly attractive due to its sought-after apartment sizes, most of which are around 80 m², and its close proximity to Kurt-Schumacher-Platz. It consists of nine residential units, all of which are fully let. The flats are accessed via a central staircase with a passenger lift, which has currently been officially decommissioned by the owner, and almost all have a balcony facing the green and quiet courtyard. The top flats, located on the 4th floor, each have a spacious terrace. The property is typical of 1980s construction and is in solid condition. Most of the building services, such as the water pipes, oil-fired central heating and electrical wiring, date from the year the building was constructed. The property is continuously maintained. The façade and windows were last renovated in the early 2000s. There is a storage unit on the ground floor and a green area and four parking spaces in the courtyard. The property is located within the scope of a preservation statute, the 'Scharnweberstraße/Klixstraße' environmental protection area. Scharnweberstraße/Klixstraße conservation area Simple residential area Solid condition Fully let Balconies Passenger elevator Oil central heating Energy efficiency class F Four parking spaces Average rent for residential properties: EUR8.72/sqm 158334
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-158334

Property details
  • Property type

    Investment

  • Parking spaces

    4

  • Total surface

    ~754 m²

  • Living area

    ~754 m²

  • Plot surface

    ~650 m²

  • Usable surface

    ~754 m²

  • Target return

    5.09 %

Energy efficiency information
  • Construction year

    1982

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    168.5 kWh/m²a

  • Energy source

    Oil heating

Location: Reinickendorf, Berlin

The property is located in a central and convenient location in a northern district of Berlin in a simple residential area. The surrounding area is characterised by a heterogeneous mix of older residential buildings, post-war reconstructions and newer residential buildings. Public transport is within walking distance, with bus routes and a nearby underground station. Shopping facilities for daily needs are also within walking distance. A larger district centre with additional amenities and leisure facilities is only a few stops away by public transport. The connection to the city motorway is very good and can be reached in a short drive. New residential and neighbourhood developments with additional green and recreational areas are being built in the immediate vicinity. In addition, extensive forest and water areas are within easy reach and are popular local recreation destinations.

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