Residential and commercial building in Gesundbrunnen
€4,100,000
- ~1,921 m² Total surface
- ~1,778 m² Living area
- ~882 m² Plot surface
- ~143 m² Shop surface
Description
Built around 1901 with a southwest orientation, this five-story property consists of a front building, a left side wing, and a cross wing. The 34 apartments and two commercial units (a café and a tile shop) are accessed via three stairwells. The apartments feature classic historic building details such as parquet flooring, wide floorboards, and simple stucco. Heating is provided by a gas condensing boiler (installed in 2017). Hot water is supplied via a decentralized system. An energy-efficiency renovation took place in 2013, during which the courtyard facades were insulated and double-pane windows were installed. The roof of the front building was re-roofed in 2022, and the roofs of the side wings and the transverse building were renovated. Numerous apartments were modernized when they were re-leased. The property is in well-maintained condition. The property is located in the "Badstraße" heritage preservation district.
"Badstraße" Neighborhood Preservation Area
Sought-after residential area
Quiet side street
Excellent public transportation access
Features of historic architecture
Balconies available
Gas condensing boiler
Energy efficiency class: F
Low vacancy rate
Average residential rent: EUR8.79/sqm
Average commercial rent: EUR19.29/dqm
2788
Engel & Völkers Commercial Berlin
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-2788
Property details
- Property type
Investment
- Total surface
~1,921 m²
- Living area
~1,778 m²
- Plot surface
~882 m²
- Shop surface
~143 m²
- Usable surface
~1,921 m²
- Target return
5.46 %
Energy efficiency information
- Construction year
1901
- Energy efficiency class
F
- Energy certificate available
Yes
- Energy certificate type
Demand certificate
- Final energy demand
166 kWh/m²a
- Energy source
Gas heating
Location: Gesundbrunnen, Berlin
The property is located in Berlin's Mitte district, in the Wedding neighborhood. The street is a quiet, tree-lined side street that runs southeast from Prinzenstraße, parallel to Badstraße, and ends at the "Gesundbrunnen" shopping center. To the east, the popular Prenzlauer Berg district—with its countless cafés, restaurants, bars, boutiques, and more—is within easy walking distance and very well accessible by public transportation. The nearby "Humboldthain" public park offers pleasant recreational opportunities, and daily necessities are readily available at various stores on Badstraße as well as at the nearby "Gesundbrunnen-Center." Transportation connections are also excellent, whether by car or public transit, thanks to the "Pankstraße" subway station (within walking distance), the "Gesundbrunnen" S-Bahn and subway station, the "Bornholmer Straße" S-Bahn station, and various bus routes.
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