Engel & Völkers
DWi_231434

Attractive residential and commercial building in Britz with energy class B and converted attic

€2,500,000
  • ~1,205.66 m² Total surface
  • ~1,083.72 m² Living area
  • ~700 m² Plot surface
  • ~120.1 m² Rental Surface

Description

Built around 1903, the residential and commercial building is located in the lively district of Berlin-Neukölln and comprises a total of 14 residential units and two commercial units. The property consists of a front building and a rear building with four full floors and a converted attic. The building is accessed via two well-maintained stairwells and is in good condition both visually and technically. Old building details typical of the period, such as historic doors, elegant wooden handrails, and generous ceiling heights, give the property a special architectural charm. In the course of extensive renovation work in 2014 and 2015, the stairwells were refurbished, the pipes were replaced, and the attic was converted, among other things. A new gas central heating system was installed and reliably supplies most of the units with heat. Two apartments currently still have gas floor heating. The residential units have been continuously modernized when tenants have moved out and are in a contemporary condition. Some units also have balconies facing the street. The two commercial units on the ground floor are currently leased to a bakery and a patisserie. The green inner courtyard connects the front building with the transverse building and offers a quiet atmosphere inside the property. The property is located within the scope of the preservation statute of the "Silbersteinstraße/Glasower Straße" environmental protection area. Silbersteinstraße/Glasower Straße conservation area Sought-after residential area Well-maintained condition Attractive apartment sizes Balconies Original features Gas central heating and two gas floor heating systems Energy efficiency class B Converted attic space Average residential rent: EUR8.45/sqm Average commercial rent: EUR10.37/sqm O9045
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O9045

Property details
  • Property type

    Investment

  • Total surface

    ~1,205.66 m²

  • Living area

    ~1,083.72 m²

  • Plot surface

    ~700 m²

  • Rental Surface

    ~120.1 m²

  • Usable surface

    ~1,205.66 m²

  • Target return

    5.02 %

Energy efficiency information
  • Construction year

    1903

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Gas heating

Location: Britz, Berlin

The street is located in Berlin's Britz district, part of the Neukölln borough, and is nestled in a quiet side street off the busy Buschkrugallee. The area is characterized by a mature urban structure with a high quality of living. Numerous restaurants, cafés, small shops, and supermarkets characterize the immediate surroundings. All amenities for daily needs are within walking distance, as are various medical services and service providers. Despite its quiet location, the connection to Berlin's transport network is good: the "Grenzallee" underground station (line U7) is just a few minutes' walk away and provides a direct connection to Berlin's city center. Several bus lines supplement the local transport options in the neighborhood. For private transport, there are excellent connections via Britzer Damm and the A100 and A113 city highways. Berlin's BER airport and the green countryside to the south of the capital can be reached by car in a short time. The location thus combines the advantages of urban living with a pleasant residential atmosphere – an ideal location for tenants with high demands on mobility and infrastructure.

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Engel & Völkers Commercial Berlin

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Provider:

Engel & Völkers Gewerbe Berlin GmbH & Co. KG

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