Charming corner house with a high-quality finished attic

€7,400,000
  • ~2,968 m² Total surface
  • ~2,589 m² Living area
  • ~950 m² Plot surface
  • ~188 m² Shop surface
  • ~192 m² Office surface
  • Construction year 1903

Description

The fully leased property is a multi-family building constructed in 1903, comprising 28 apartments and three commercial units. The units are distributed across a corner building with a side wing spanning five full stories plus a converted attic, and are accessed via three stairwells. The apartments are supplied with heat and hot water by combination boilers. The commercial units are leased and contribute to a balanced mix of uses within the property. In recent years, extensive renovation and modernization work has been carried out. In addition, approximately 80% of the apartments—including the bathrooms—as well as portions of the utility lines have been renovated. Some of the apartments feature balconies facing the quiet Eisenacher Straße. The residential units are predominantly equipped with high-quality hardwood floors, and some feature stucco elements and built-in kitchens. The property is in good condition, both technically and visually. In addition to numerous characteristic details of older buildings—such as stucco, historic doors, and a stately entrance area—the property is particularly appealing due to its highly sought-after residential location in the immediate vicinity of the popular "Akazienkiez" neighborhood. The property is located within the scope of the preservation ordinance and the "Schöneberger Süden" heritage protection zone. Good overall condition Historic architectural details Balconies Gas combi boilers Energy efficiency class A Partially insulated Most units have been renovated Fully leased Attic converted into living space Average residential rent: 8.44 EUR/sqm Average office rent: 11.16 EUR/sqm Average retail rent: 9.71 EUR/sqm "Schöneberger Süden" neighborhood preservation area 41808
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-41808

Property details
  • Property type

    Investment

  • Total surface

    ~2,968 m²

  • Living area

    ~2,589 m²

  • Plot surface

    ~950 m²

  • Shop surface

    ~188 m²

  • Office surface

    ~192 m²

  • Usable surface

    ~2,968 m²

  • Target return

    4.19 %

Energy efficiency information
  • Construction year

    1903

  • Energy efficiency class

    A

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    49 kWh/m²a

Location: Schöneberg, Berlin

The property is located in the immediate vicinity of the popular Akazienkiez, one of Berlin's most charming and sought-after neighborhoods. The area is characterized by a diverse dining scene featuring renowned restaurants, cozy cafés, unique boutiques, and numerous shopping and cultural options. The lively neighborhood and high quality of life make the area particularly attractive to residents of all ages. In addition, Kurfürstendamm, Berlin's City-West district, and the districts of Tiergarten, Mitte, and Kreuzberg are all within easy reach. Transportation connections are excellent, whether by car or public transit. In addition to the "Julius-Leber-Brücke" S-Bahn station, the nearby U7 subway line, numerous bus routes, and the city highway—which is just a few minutes away—ensure optimal access to the entire city.

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