Engel & Völkers
Eingangsbereich

Apartment building near Victoria Park

€1,600,000
  • ~740 m² Total surface
  • ~740 m² Living area
  • ~499 m² Plot surface

Description

The apartment building was constructed around 1877 and consists of a total of nine apartments, which are accessed via a stately, recently renovated entrance area with a similarly renovated staircase. The property is in good technical condition. Four of the nine apartments, including the bathrooms, have already been extensively renovated. The remaining apartments are in a simpler condition and some do not have a full bathroom, but only a shower in the kitchen. The attic is currently not converted, but appears to be suitable for conversion. Most of the apartments have wooden floors, and some of the units have stucco ornamentation. The attractive ceiling heights give the rooms an additional feeling of spaciousness. There is a unit in the basement that is rented out to a business as storage space. In addition, the courtyard of the property has a basement and is currently vacant. Heating is provided by gas combi boilers, which were completely replaced and renewed by 2015. Some of the renovated units also have soundproof windows. The electrical system in the building has already been replaced, in the unrenovated units up to the apartment door. In addition, a video intercom system has been installed in all units. The property is located in the "Chamissoplatz" environmental protection area. Sought-after residential area Chamissoplatz conservation area Good condition Low vacancy rate Old building details Partial soundproof glazing Gas floor heating Energy efficiency class C Attic not converted Average rent for residential properties: EUR7.03/sqm 30028
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-30028

Property details
  • Property type

    Investment

  • Total surface

    ~740 m²

  • Living area

    ~740 m²

  • Plot surface

    ~499 m²

  • Usable surface

    ~740 m²

  • Target return

    4.49 %

Energy efficiency information
  • Construction year

    1877

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    105 kWh/m²a

Location: Kreuzberg, Berlin

The property is located in a lively and central location in Berlin's Kreuzberg district. The surrounding area is characterized by a diverse mix of residential, dining, and retail establishments. Viktoriapark and Bergmannkiez are in the immediate vicinity, offering both recreational and numerous leisure and shopping opportunities. There is also a very good range of schools, daycare centers, and medical care in the area. Transport links are excellent: the "Platz der Luftbrücke" underground station (U6) is within walking distance and can be reached in a short time. Additional bus lines and the nearby Mehringdamm underground station (U6/U7) provide optimal connections to Berlin's city center and other districts. The location is also easily accessible by car; the city highway is just a short drive away.

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