Engel & Völkers
JAK08566 Kopie

Residential and commercial building in sought-after residential area in Pankow

€1,700,000
  • ~669 m² Total surface
  • ~530 m² Living area
  • ~849 m² Plot surface
  • ~60 m² Rental Surface

Description

The property is a residential and commercial building constructed in 1996 with a total of eight apartments and two commercial units, which are leased to a speech therapist and a storage system provider. The property is accessed via a well-maintained staircase and is in good condition both technically and visually. The property is fully let. All units have balconies or terraces facing the idyllic garden, which can be used by all tenants and is a pleasant place to relax in summer. Most of the apartments have laminate and linoleum floors, as well as white-tiled bathrooms, and are heated and supplied with hot water via a new gas central heating system installed in 2025. In addition, each tenant has their own basement and there is a separate bicycle storage room. Furthermore, the property has always been constantly maintained and cared for. There is no discernible maintenance backlog. The property is not located in a conservation or environmental protection area. Sought-after residential area Well-maintained condition Parking spaces Balconies and terraces available Well-maintained garden New gas central heating from 2025 Energy efficiency class D Car parking spaces Average rent for residential properties: EUR10.61/sqm Average rent for commercial properties: EUR9.50/sqm 158935
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-158935

Property details
  • Property type

    Investment

  • Parking spaces

    4

  • Total surface

    ~669 m²

  • Living area

    ~530 m²

  • Plot surface

    ~849 m²

  • Rental Surface

    ~60 m²

  • Usable surface

    ~669 m²

  • Target return

    4.98 %

Energy efficiency information
  • Construction year

    1996

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

Location: Wilhelmsruh, Berlin

The property is located in Wilhelmsruh, a charming, very green district in the Pankow borough in northern Berlin. In addition to Wilhelminian-style houses and residential complexes from the 1930s, there are also newer buildings from recent years. Various schools, daycare centers, medical centers, restaurants, and shopping facilities are located in the immediate vicinity. Thanks to its good transport links, its proximity to Berlin city center, and various local recreation areas, such as the Volkspark Schönholzer Heide and Wilhelmsruher See, which is within walking distance, the district offers a very pleasant quality of life that is greatly appreciated by both long-established tenants and young families. Numerous shops for everyday needs can be found on Kopenhagener Straße, among other places.

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Engel & Völkers Commercial Berlin

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Engel & Völkers Gewerbe Berlin GmbH & Co. KG

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