Attractive corner building in a trendy neighborhood location

The property is a residential and commercial building with 37 apartments and one commercial unit (café/bar), built around 1900 as a corner building with a south-east facing side wing. All units in the imposing corner building with charming entrance areas and an attractive stucco façade are currently fully let and are accessed via a total of three stairwells. Classic old building details, such as ornate banisters, old doors and corresponding ceiling heights, as well as wooden floors and double doors in the apartments, are present and lend the interior of the property its special charm. The units are heated by a furnace, approx. 5-6 night storage heaters, and gas floor heating, while the hot water supply is regulated decentrally via instantaneous water heaters. The apartments, most of which have balconies, range in size from approx. 46 to approx. 173 sqm. Modernization work has been carried out continuously. Over the years, bathrooms have been modernized and water and sewage pipes have been partially replaced when tenants have moved out. In 2021, the facades were repainted, the stairwells were renovated, and approximately 60% of the balconies were repaired. In addition, the courtyard, which has a full basement and garbage storage area, was redesigned in 2024. Some bathrooms were also modernized by tenants. Furthermore, the attic was converted in the 1990s. The building has both wooden double-glazed windows and insulated glass windows. The basement, in which two areas are also rented out, is dry, but there is no insulation. District heating is available at the direct neighbor's property, so connection to the district heating network is possible. Overall, the property is in a simple and well-maintained condition. It is not a listed building and is located both in the "Karl-Marx-Straße / Sonnenallee" redevelopment area (simple procedure) and in the "Reuterplatz" milieu protection area. Reuterplatz conservation area Karl-Marx-Straße / Sonnenallee redevelopment area (simplified procedure) Highly sought-after residential area in Neukölln Excellent public transport connections Well-maintained condition Corner building Old building details available Heating mix Energy efficiency class D Balconies Converted attic Average rent for residential properties: EUR7.63/m² Average rent for commercial properties: EUR5.80/m² 52015