Classic old building with charm and modern standards in a well-connected location
Price
€5,200,000
Classic old building with charm and modern standards in a well-connected location
€5,200,000
~2,416.58 m² Total surface
~2,290.73 m² Living area
~951 m² Plot surface
~125.85 m² Office surface
Description
Built around 1900, this residential and commercial building impresses with its historic charm, numerous preserved old building details, and high ceilings. The building comprises a total of 29 residential units and one commercial unit, which is used as an office. All apartments are rented and are spread over four full floors and a high-quality attic. Access is via two well-maintained staircases. Particularly noteworthy are the impressive façade, the generous room heights, and a spacious, quiet inner courtyard with a playground, covered garbage area, and bicycle racks, which creates a pleasant living atmosphere. Extensive renovations were carried out in 2008: all pipes and cables were replaced, the windows were replaced with modern double-glazed insulation, the rear facade was insulated, and the attic was converted. All apartments are in good condition and have been gradually modernized when tenants have moved out. The units feature parquet or laminate flooring and white-tiled bathrooms. Heating is provided by gas central heating (also installed in 2009). Hot water is generated from hot water storage tanks. The house has a full basement; the basement has no apparent defects. The units have balconies and the ground floor units have small gardens. The property is not currently subject to any preservation regulations.
No protected neighborhood
Sought-after residential and commercial location
Well-maintained
Completely renovated in 2008
Attractive apartment sizes
Balconies
Original features
Gas central heating
Energy efficiency class D
Attic converted
Fully let
Average residential rent: EUR8.95/m²
Average rent for commercial space: EUR10.63/m²
97263
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-97263
Property details
Property type
Investment
Total surface
~2,416.58 m²
Living area
~2,290.73 m²
Plot surface
~951 m²
Office surface
~125.85 m²
Usable surface
~2,416.58 m²
Target return
5.04 %
Energy efficiency information
Construction year
1900
Energy efficiency class
D
Energy certificate available
Yes
Energy certificate type
Energy Consumption Certificate
Energy source
Gas heating
Location: Baumschulenweg, Berlin
The street in Berlin's Baumschulenweg district is characterized by a middle-class residential environment with excellent public transport connections and easy access to the A100 urban motorway. Shopping facilities in Baumschulenstraße, schools, and daycare centers are located in the immediate vicinity and are easily accessible. The nearby Treptower Park and Plänterwald forest offer a wide range of leisure and recreational opportunities. The area is complemented by a wide range of restaurants and cafés. Residents also benefit from excellent infrastructure with short distances to all important facilities for daily needs. The Baumschulenweg S-Bahn station provides fast connections to other parts of the city and to BER airport, while the surrounding green spaces contribute to a high quality of life. The combination of urban convenience and natural recreation makes Glanzstraße a particularly attractive residential area.