Engel & Völkers
Eingangsbereich

Historic old building in Köpenick

€3,300,000
  • ~1,359.4 m² Total surface
  • ~1,359.4 m² Living area
  • ~1,650 m² Plot surface

Description

An attractive property consisting of a three-part apartment building is for sale. The front building is a historic old building dating from 1900, while the two side wings were built in the 1950s and 1960s. The front building, with its impressive stucco façade facing the street, comprises three full floors and a converted attic. The side wings extend over four full floors. The property also includes four garages, which are currently rented out and generate additional income. In total, the property offers 25 residential units, eleven of which are located in the front building and 14 in the side wings. In addition, there is a radio antenna contract on the roof until April 30, 2032, and an outdoor advertising sign contract with an annual extension. The rear area of the side wing already has basic thermal insulation. The apartments are accessed via three well-maintained staircases, while the building is supplied with heat and hot water via gas central heating. The property is not currently subject to any preservation orders or located in a redevelopment area. No protected neighborhood Sought-after residential area Front building with stucco facade Old building details present Well-maintained condition Gas central heating Attic converted Garages available Additional income from radio antenna and advertising board Average rent for residential properties: 11.08 EUR/sqm 5908
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-5908

Property details
  • Property type

    Investment

  • Total surface

    ~1,359.4 m²

  • Living area

    ~1,359.4 m²

  • Plot surface

    ~1,650 m²

  • Usable surface

    ~1,359.4 m²

  • Target return

    5.71 %

Energy efficiency information
  • Construction year

    1900

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Energy source

    Gas heating

Location: Köpenick, Berlin

The Köpenick district of Berlin is a highly sought-after and popular residential area thanks to its established middle-class structures, abundance of parks and woodlands, and good transport links to Berlin city center. It enjoys an excellent reputation beyond Berlin's borders. The street offers excellent connections to the Köpenick Forum shopping center and Bahnhofsstraße, Köpenick's main shopping street. All amenities, as well as the Köpenick S-Bahn station and a bus line, are within walking distance.

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