Engel & Völkers
Treppenaufgang

Residential building in the Ilse neighborhood near Berlin Tierpark

€1,550,000
  • ~741 m² Total surface
  • ~741 m² Living area
  • ~836 m² Plot surface

Description

The property is a multi-family house built around 1900, consisting of a front building with a left wing and an unfinished attic. A total of 14 apartments are spread over three full floors, which are accessed via two well-maintained staircases. Some old building details, such as historic doors and stair railings, as well as corresponding ceiling heights, have been preserved. All apartments are currently rented. The property is in good condition, both technically and visually. In 2010, the property was completely renovated, including all apartments. The facade was also renovated, including thermal insulation and the addition of balconies. Since then, each apartment has had its own balcony and most of them have parquet or plank floors, with laminate flooring in some cases. The units also have tiled, contemporary bathrooms, most with bathtubs. The kitchens are also tiled and heated by gas central heating, including hot water. The property is not currently subject to any preservation orders or located in a redevelopment area. No protected neighborhood Sought-after residential area Renovated in 2010 Well-maintained Balconies available Gas central heating with hot water Attic not converted Fully rented Average rent for residential units: 8.29 EUR/sqm O197478
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O197478

Property details
  • Property type

    Investment

  • Total surface

    ~741 m²

  • Living area

    ~741 m²

  • Plot surface

    ~836 m²

  • Usable surface

    ~741 m²

  • Target return

    4.75 %

Energy efficiency information
  • Construction year

    1900

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Gas heating

Location: Karlshorst, Berlin

The property is located in the south of the Lichtenberg district in Karlshorst. The district is also known as the "Dahlem of the East" due to its loose building structure and high proportion of green space. The charming overall impression is characterized by richly decorated Wilhelminian style villas and single-family homes. The trotting track, the zoo, and the Wuhlheide recreational area form the prominent cornerstones of the district, which is an attractive place to live for many groups of people. Families in particular are moving here and benefiting from the good social infrastructure. Treskowallee is the cultural and local shopping center of the district and is also the main transport link to the B 1/5 and Köpenick. The Karlshorst district is very well connected to the eastern part of the city by S-Bahn (Karlshorst station) and by car. Tram and bus lines also ensure that residents can get around easily.

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