Engel & Völkers
KAT_8526

Charming old building in Friedenau

€3,300,000
  • ~1,375.72 m² Total surface
  • ~1,375.72 m² Living area
  • ~816 m² Plot surface

Description

The property is an apartment building constructed in approximately 1918 with a total of 17 residential units and a storage room. The building is accessed via two well-maintained stairwells and is in excellent condition, both technically and visually, thanks to ongoing maintenance. Numerous characteristic old building details, such as stucco elements, historic doors, leaded windows, and high ceilings, give the property its special charm. The residential units are spread over five full floors in the front building and in the right and left wings. Heating is mainly provided by a gas central heating system, which was replaced in 2020 with a modern gas condensing boiler. Four units are currently still supplied by gas floor heating systems. Hot water is supplied centrally and the electrical system is decentralized. The top floor ceiling has been insulated, which contributes to improved energy efficiency. Most of the apartments have loggias, bay windows, or balconies, creating a pleasant living environment. A special highlight is the spacious, green inner courtyard, which offers residents a quiet outdoor retreat. Most of the apartments have plank or parquet flooring. The historic wooden windows have been continuously maintained over the years and some have been replaced with new plastic insulated glass windows. The attic has not been converted and there is still a gross cold rent. The property is not currently located in a protected area. No protected neighborhood Sought-after residential and commercial location Prestigious old building Well-maintained Attractive apartment sizes Facade with loggias, bay windows, and balconies Old building details present Gas central heating and four gas floor heating systems Energy efficiency class E Attic not converted Fully let Residential only Average rent for residential properties: EUR7.69/m² 28903
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-28903

Property details
  • Property type

    Investment

  • Total surface

    ~1,375.72 m²

  • Living area

    ~1,375.72 m²

  • Plot surface

    ~816 m²

  • Usable surface

    ~1,375.72 m²

  • Target return

    3.89 %

Energy efficiency information
  • Construction year

    1911

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Gas heating

Location: Friedenau, Berlin

Friedenau is a traditional, middle-class district in the south-west of Berlin in the borough of Tempelhof-Schöneberg. The street itself leads to the popular Perelsplatz, which together with the nearby Cosimaplatz forms the heart of the neighborhood. The residential environment is characterized by a large number of predominantly renovated old buildings, many of which are prestigious townhouses. Shopping facilities, restaurants, cafés, and cultural institutions are plentiful on the nearby Hauptstraße. Excellent public transport connections are provided by various bus lines operating in the immediate vicinity and by the Innsbrucker Platz S-Bahn and U-Bahn station. The nearby Innsbrucker Platz city highway entrance can be reached by car in just a few minutes.

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