High-yield apartment building in Moabit

€2,200,000
  • ~1,052 m² Total surface
  • ~1,052 m² Living area
  • ~378 m² Plot surface

Description

The property at is a six-story residential building with a full basement, comprising a total of 26 residential units. The apartments range in size from approximately 30 m² to 60 m² and are therefore particularly well-suited for single-person households. Most of the units feature a west-facing balcony overlooking the courtyard, ensuring a quiet and pleasant living environment. Access is via a central stairwell that includes a passenger elevator, providing convenient access to all floors. The property is heated by an oil-fired central heating system, which also supplies hot water. The building is fully leased. In the basement, residents have access to storage units assigned to each unit. The total area of the property is approximately 1,052 m². The property is located in the "Birkenstraße" heritage preservation district. Popular residential area "Birkenstraße" protected neighborhood Overall well-maintained condition Fully leased Oil-fired central heating Energy efficiency class D Balconies Passenger elevator Popular apartment sizes Average rent for residential units: EUR9.62/m² 152036
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-152036

Property details
  • Property type

    Investment

  • Total surface

    ~1,052 m²

  • Living area

    ~1,052 m²

  • Plot surface

    ~378 m²

  • Usable surface

    ~1,052 m²

  • Target return

    5.52 %

Energy efficiency information
  • Construction year

    1970

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Oil heating

Location: Moabit, Berlin

The property is located in an urban residential neighborhood with a well-established community and good access to public transportation. The area is characterized by a cohesive residential development dating from the early postwar period and the Wilhelminian era, which creates a harmonious and vibrant streetscape. Public transportation access is excellent: the Birkenstraße subway station and the Westhafen S-Bahn station are within walking distance and provide quick connections to the city center and surrounding neighborhoods. Regional rail service is also accessible within minutes, making the location particularly attractive for commuters. Daily needs can be conveniently met in the immediate vicinity. Grocery stores, bakeries, and pharmacies are within a short walking distance. The area is complemented by various dining options and small service providers. The location also benefits from a strong social infrastructure. Schools, daycare centers, and medical facilities are easily accessible. The nearby Unionpark offers additional recreational opportunities and provides quick access to the outdoors.

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Engel & Völkers Gewerbe Berlin GmbH & Co. KG

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