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Eingangsbereich

Charming apartment house in quiet side street

€2,950,000
  • ~1,388 m² Total surface
  • ~1,388 m² Living area
  • ~1,765 m² Plot surface

Description

The property captivates particularly by the cultivated general impression as well as the very attractively arranged garden. The property is a residential building built in 1976 with 21 residential units, which are distributed over three full floors. In the back there is a garden area accessible for the tenants. In addition, there are eleven parking spaces in the rear courtyard. In addition, six basement units have been rented out as storage areas. The residential units are heated by an oil-fired central heating system from 1995. Approx. 50% of the apartments were also successively modernized during tenant changes, including the electrical sub-distribution. The property is located in the area of application of a preservation statute, the milieu protection area "Scharnweberstraße/Klixstraße". Milieu protection area "Scharnweberstraße/Klixstraße Quiet residential area Balconies available Garden Partially renovated Fully rented Car parking spaces Oil central heating from 1995 Average rent living: 9,49 EUR/m² O175706
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O175706

Property details
  • Property type

    Investment

  • Parking spaces

    11

  • Total surface

    ~1,388 m²

  • Living area

    ~1,388 m²

  • Plot surface

    ~1,765 m²

  • Usable surface

    ~1,388 m²

  • Target return

    5.79 %

Energy efficiency information
  • Construction year

    1976

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Oil heating

Location: Reinickendorf, Berlin

The residential environment is characterized by a mixture of Wilhelminian-style houses, reconstructions from the 1960s and new buildings. In the immediate vicinity of the quiet and leafy Straße is the popular recreation area Tegeler See/Tegeler Forst, one of the largest contiguous forest and water areas in Berlin. Public transportation (subway, buses) is within walking distance in the immediate vicinity, as is the main shopping area, Scharnweberstraße/Kurt-Schumacher-Platz, with numerous shopping and recreational opportunities. The connection to the Berlin city highway is about five minutes by car from the property.

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