A prestigious residential and commercial building in a sought-after neighbourhood in Schöneberg

The property is a residential and commercial building constructed around 1889, featuring ten apartments and two commercial units. These are leased to a wine shop and a boutique. The units are fully leased and are distributed across five full stories in a front building and a side wing. The attic was renovated to a high standard in 2003. The units are accessed via two very well-maintained stairwells with a passenger elevator in the main building. Particularly noteworthy are the numerous period details, such as the stucco facade, the historic wooden doors, the ornate stair railing in the main building, and the impressive entrance area. The most recent renovations to the property took place last year, during which the roof was extensively renovated and re-roofed. In recent years, the gable wall of the side wing was also insulated, and the stairwells were repainted. One apartment underwent a high-quality renovation in 2018; all other apartments, with the exception of two, have been gradually renovated in recent years as tenants moved out and are in fair to good condition. Heating is provided primarily by newer gas-fired individual heating systems, and two apartments have night storage heaters. The tenants are responsible for the gas-fired floor heating system. The residential units are equipped with both double-pane wooden windows and plastic windows. The basement appears to be free of defects and is dry. The property is located in the "Barbarossaplatz/Bayerischer Platz" neighborhood preservation district. 'Barbarossaplatz/Bayerischer Platz' conservation area A highly sought-after residential and commercial area Good condition Stucco façade Original architectural features present Converted attic Gas central heating, two night-storage heaters Fully let Average residential rent: 6.70 EUR/sqm Average commercial rent: 9.60 EUR/sqm 27278