Residential and commercial building with vacant coach house
Price
€1,545,000
Residential and commercial building with vacant coach house
€1,545,000
~618.45 m² Total surface
~439.45 m² Living area
~551 m² Plot surface
~117 m² Rental Surface
Description
The property is a residential and commercial building constructed around 1910 with six apartments and three commercial units. These are spread across a front building and an adjacent low-rise commercial building with a ground floor. It appears possible to connect the two areas. The possibility of creating additional living space within the coach house and the empty commercial space is currently being examined. Together with the commercial space, approximately 230 m² of net floor space could be created, of which the commercial unit accounts for approximately 62 m².
The apartments in the front building are fully let, with one newly renovated unit on the 1st floor on the left being let on a temporary basis. The property has been continuously maintained in recent years, with apartments being gradually renovated and new gas heating systems installed between 2012 and 2019. Two commercial units are supplied with heat via their own gas central heating system. In approximately 2017, the stairwell was also repaired. The attic appears to have potential for expansion.
The property is located in a conservation area, an environmental protection area, and, since 2021, a comprehensive redevelopment area, set for 15 years.
Langhansstraße conservation and environmental protection area
Langhansstraße redevelopment area (comprehensive procedure)
Well-maintained
Gradually renovated
Gas floor heating/gas central heating
Energy efficiency class D
Shed in the courtyard
Attic appears suitable for conversion if necessary
Car parking space
Average rent for residential properties: EUR10.62/sqm
Average rent for commercial properties: EUR8.51/sqm
139381
Your advisor: Team Investment Residential and Commercial
Property ID: OI-BER-139381
Property details
Property type
Investment
Parking spaces
1
Total surface
~618.45 m²
Living area
~439.45 m²
Plot surface
~551 m²
Rental Surface
~117 m²
Usable surface
~618.45 m²
Target return
5.12 %
Energy efficiency information
Construction year
1910
Energy efficiency class
D
Energy certificate available
Yes
Energy certificate type
Energy Consumption Certificate
Energy source
Gas heating
Location: Weissensee, Berlin
The popular residential district of Weißensee has retained its quiet, almost small-town character. The numerous parks, such as the nearby Weißenseer Park with the Weißer See, which is a popular recreational area, as well as the Jewish Cemetery and the historic town center at Pistoriusplatz, and the shopping centers at Antonplatz and along Berliner Straße offer residents a high quality of life. Bus and tram connections are very good. Alexanderplatz can be reached in about 10 minutes, Friedrichstraße in about 12 minutes, and Hackescher Markt in about 15 minutes by tram.
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