Fully rented apartment building near Arnimplatz with potential for attic conversion

The apartment building was constructed around 1905. The 34 residential units are spread across a front building with two side wings. The property underwent extensive renovation in the late 1990s and continues to be renovated today. In particular, work was carried out on the stairwells, the facade, the electrical and riser pipes, and the windows. This also includes the renovation of all apartments. They are all equipped with parquet and plank flooring, fitted kitchens, and balconies. Old building style elements, such as high ceilings and some stucco, as well as lovingly refurbished doors, can also be found. The property is heated by gas central heating, and hot water is also provided by the central heating system. The residential and commercial building is in very good technical condition. A building permit was available for the attic, which provided for complete conversion including the construction of roof terraces. However, the permit was not renewed on February 16, 2017. The property is currently fully let. The property is located within the scope of a preservation statute, the "Arnimplatz" environmental protection area. Arnimplatz conservation area Popular residential area Renovated condition Balconies Old building details present Attic appears suitable for conversion Gas central heating Fully let Average rent for residential properties: EUR11.23/sqm 44065