Fully leased residential and commercial building near Nauener Platz

The property in Berlin's Wedding district consists of two identical, adjacent apartment buildings dating from the turn of the century (approx. 1906). Together, the buildings form a coherent ensemble with a total of 71 residential units and one commercial unit. These are spread over five full floors and a partially converted attic. Access is via a total of six well-maintained stairwells without passenger elevators. This courtyard structure connects the buildings functionally and architecturally to form a single unit. The property is in good technical and visual condition. Numerous well-preserved old building details—including stucco elements in the stairwells, historic apartment doors, and the typical high ceilings—underline the classic charm of Berlin's old buildings. The 71 residential units are fully let and most of them have balconies. Heating is provided by district heating and hot water is supplied centrally. A total of 52 of the 71 apartments have been comprehensively renovated as part of ongoing modernization measures. In the course of this, the trunk lines were also renewed. In addition, the electrical system was centralized and brought up to modern standards. In addition, the basement was renovated last year. A heat recovery system was installed on the courtyard side and the top floor ceiling and the unfinished roof area were insulated. The property is not subject to any preservation regulations. The commercial unit is a gallery. Sought-after residential and commercial location Good condition Attractive apartment sizes Balconies available Old building details available District heating Energy efficiency class D Attic partially converted Fully let Average residential rent: EUR9.80/m² Average commercial rent: EUR8.05/m² 126967