01

Residential and commercial building in Rixdorf

€3,800,000
  • ~1,830 m² Total surface
  • ~1,725 m² Living area
  • ~1,178 m² Plot surface
  • ~105 m² Shop surface
  • Construction year 1982

Description

The corner building at Schudomastraße 32 is a residential and commercial property built around 1982, comprising 19 flats and two commercial units (the Intercultural Theatre Centre Berlin), spread over five full storeys. Access to the property is via a well-maintained stairwell with a passenger lift. The fully let residential units are heated by district heating, and hot water is supplied via instantaneous water heaters. The floor plans and layouts of the flats are generally good and in demand. The units feature either internal or external bathrooms, and the floors are fitted with laminate, carpet or tiles. In addition, plastic double-glazed windows typical of the building's era have been installed. Each flat has a balcony facing either Schudomastraße or the inner courtyard. The inner courtyard is landscaped and features a small playground. Twelve underground parking spaces are available to tenants. An IBB commitment expired in 2024. The property falls within the scope of a conservation order, the 'Rixdorf' neighbourhood conservation area. The property is held by a limited partnership (KG) dedicated solely to property management, whose sole business purpose is the ownership and management of the property. Acquisition is possible either as an asset deal or a share deal. "Rixdorf" conservation area Sought-after residential area Traffic-calmed street Facade with balconies Well-maintained condition District heating Twelve underground parking spaces Passenger lift Energy efficiency class E Fully let Average residential rent: 8.89 EUR/m² Average commercial rent: 9.46 EUR/m² 45317
Features
Garage
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-45317

Property details
  • Property type

    Investment

  • Garages

    12

  • Total surface

    ~1,830 m²

  • Living area

    ~1,725 m²

  • Plot surface

    ~1,178 m²

  • Shop surface

    ~105 m²

  • Usable surface

    ~1,830 m²

  • Target return

    5.47 %

Energy efficiency information
  • Construction year

    1982

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    140 kWh/m²a

  • Energy source

    Long-distance heating

Location: Neukölln, Berlin

The property is situated in an established, urban area in Berlin's Neukölln district, within the long-established neighbourhood of Rixdorf. Schudomastraße is located in a lively residential and commercial quarter and benefits from its immediate proximity to Sonnenallee and Karl-Marx-Straße, with their diverse range of shops, restaurants and services. The nearby Neukölln Arcaden also offer a comprehensive range of shops for everyday needs, as well as numerous options for leisure and entertainment. The nearby Körnerpark and the historic Richardplatz are also easily accessible and lend the area a pleasant quality of life and a pleasant atmosphere to spend time in, in addition to its urban character. Transport links are excellent, both by car and by public transport. The "Sonnenallee" S-Bahn station, with connections to lines S41 and S42, and the "Karl-Marx-Straße" underground station, with a connection to the U7, are both within easy reach. This is complemented by several bus routes in the immediate vicinity, ensuring that Berlin city centre and other districts can also be reached quickly and comfortably.

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