Engel & Völkers
Rückfassade

Two residential and commercial buildings in Britz on the border to Neukölln

€3,900,000
  • ~2,196.25 m² Total surface
  • ~1,988.25 m² Living area
  • ~1,610 m² Plot surface
  • ~208 m² Rental Surface

Description

The properties on offer consist of two separate plots, each with a front building and a garden house. Two of the 30 apartments are currently vacant and in need of refurbishment. Some of the units in the front buildings have balconies facing the street, while the apartments on the top floor, which was extended in the 1990s, have terraces facing the street. Heating is provided by gas floor heating systems and hot water is heated decentrally by instantaneous water heaters. Overall, the property is in a simple technical condition. The apartment sizes are predominantly between approx. 47 and 80 sqm, three units are between approx. 104 and 120 sqm and can be classified as easily rentable overall. In the rear building, the apartments on the 3rd and 4th floors are maisonettes. The property is located within the scope of the "Germaniapromenade" milieu protection area. Environmental protection area Most requested apartment sizes Balconies Simple condition Energy-efficient modernization required Individual gas heating Energy efficiency class D Two units vacant Attic converted Average residential rent: EUR7.93/sqm Average commercial rent: EUR11.15/sqm 89177
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-89177

Property details
  • Property type

    Investment

  • Total surface

    ~2,196.25 m²

  • Living area

    ~1,988.25 m²

  • Plot surface

    ~1,610 m²

  • Rental Surface

    ~208 m²

  • Usable surface

    ~2,196.25 m²

  • Target return

    5.57 %

Energy efficiency information
  • Construction year

    1905

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    124.7 kWh/m²a

Location: Britz, Berlin

The ensemble of two residential and commercial buildings is located in the Neukölln district of Britz. It is very well connected to public transportation. Various bus lines run in the immediate vicinity. The "Hermannstraße" S-Bahn and U-Bahn station and the "Britzer Damm" junction of the city highway are within easy reach. Shopping facilities for daily supplies can be found in nearby Hermannstraße, on Britzer Damm and in Karl-Marx-Straße. These can be reached quickly by subway.

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