Charming residential and commercial building in excellent condition

€6,200,000
  • ~1,869 m² Total surface
  • ~1,606 m² Living area
  • ~616 m² Plot surface
  • ~77 m² Office surface

Description

This beautiful and stately residential and commercial building was constructed in 1911. It consists of a front building, a right side wing, and a transverse building. The historic building has five standard stories as well as a largely converted attic. Access is provided by three stairwells; an elevator has not yet been installed. The street-facing facade is punctuated by loggias and bay windows, while the courtyard side features balconies. The quiet inner courtyard is landscaped and includes a trash room. The property has been exceptionally well maintained and is in very good condition, both visually and technically. The property contains 25 apartments and three commercial units. Apartment sizes range from 37 to 102 sqm, while the commercial units range from 76 to 108 sqm. Heating is largely provided by a gas-fired central heating system with central hot water supply; approximately 11 units are still heated by individual gas-fired heating systems. District heating is already available on Senefelder Straße. The property is located in the "Helmholtzplatz" neighborhood preservation district. "Helmholtzplatz" Protected Neighborhood Very attractive residential area Stately historic building In excellent condition Converted attic Balconies and loggias Gas central heating Energy efficiency class E Fully leased Average residential rent: 10.24 EUR/m² Average commercial rent: 17.00 EUR/m² 41631
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-41631

Property details
  • Property type

    Investment

  • Total surface

    ~1,869 m²

  • Living area

    ~1,606 m²

  • Plot surface

    ~616 m²

  • Office surface

    ~77 m²

  • Usable surface

    ~1,869 m²

  • Target return

    4.05 %

Energy efficiency information
  • Construction year

    1911

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    152.1 kWh/m²a

  • Energy source

    Gas heating

Location: Prenzlauer Berg, Berlin

The street is located in the extremely popular Berlin neighborhood of Prenzlauer Berg. The neighborhood is characterized by attractive and largely renovated Gründerzeit buildings. Cobblestone streets, often lined with lush sidewalks and tree-lined avenues, define the landscape. Most of these magnificent historic buildings house apartments, though their ground floors typically feature unique shops, restaurants, and cafés. Those who prefer a less intimate shopping experience will find a full range of retail options at the nearby "Schönhauser Allee Arkaden." The nearby Helmholtzplatz is very popular and serves as the heart of the neighborhood. Transportation connections are excellent, both by car and by bus. The "Fröbelstraße" tram stop is located on Prenzlauer Allee, just a few minutes' walk east of the property. From here, you can reach Alexanderplatz in just six minutes. The "Prenzlauer Allee" S-Bahn station is a two-minute walk away.

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