Engel & Völkers
Leereinheit

Well-maintained apartment building in a central location in Lichtenrade

€1,190,000
  • ~435.43 m² Total surface
  • ~435.43 m² Living area
  • ~980 m² Plot surface

Description

The propert is particularly impressive due to its well-kept overall impression. It is an apartment building built around 1956 with nine residential units spread over three full storeys and a partially converted attic. There are five outdoor parking spaces and a small shed at the rear. The residential units are heated by gas-fired floor heating systems, which have been continuously renewed in recent years. In the course of the most recent refurbishment measures, new plastic insulating glass windows were installed in 2010 and the wiring was renewed in 2015 and 2021. One apartment, which has been extensively renovated, is currently empty and vacant. Another unit was terminated in the summer of this year and offers further potential. The property is not located in a protected neighborhood. No milieu protection area In demand residential and commercial location in Lichtenrade Partially refurbished Balconies available Share of garden Gas floor heating Five parking spaces Attic partially converted Fully let Average residential rent: 9,67 EUR/m² O100378
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O100378

Property details
  • Property type

    Investment

  • Parking spaces

    5

  • Total surface

    ~435.43 m²

  • Living area

    ~435.43 m²

  • Plot surface

    ~980 m²

  • Usable surface

    ~435.43 m²

  • Target return

    4.5 %

Energy efficiency information
  • Construction year

    1956

  • Energy efficiency class

    H

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    265 kWh/m²a

Location: Lichtenrade, Berlin

The Berlin district of Lichtenrade belongs to the Tempelhof-Schöneberg borough and is located in the south, close to Berlin's border with Brandenburg. The village green with the 14th century fieldstone church and the Lichtenrader Volkspark are reminders of the village's rural past. Lichtenrade is known for its quiet and green residential area and is largely characterized by open single-family homes. The Street borders directly on the center of Lichtenrade around Bahnhofstraße, which means that individual shopping facilities are within walking distance. Several schools, the public library and the forest bordering the Berlin city area are also within a short distance of the property. Public transport connections are ensured by the "Lichtenrade" S-Bahn station, which is 300 m away, as well as by various bus lines. The city center can be reached by car via the B96 within 30 minutes. The highway and the surrounding area of Berlin with its lakes are also within easy reach.

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