Eingangsbereich

Stylish townhouse with six residential units in a quiet residential area of Lichtenrade

€1,075,000
  • ~425 m² Total surface
  • ~425 m² Living area
  • ~737 m² Plot surface
  • Construction year 1995

Description

This block of flats, built in 1995, is situated in a quiet residential area of Berlin-Lichtenrade. The property comprises a total of six let units and has a clearly laid-out structure. In addition, the available space is supplemented by tenants' cellars and two hobby rooms, each of which is allocated to the ground-floor tenants via internal connecting staircases. This offers additional flexibility when re-letting. The building is in a well-maintained condition. Major modernisation work has already been carried out in recent years. For instance, the central gas heating system was replaced in 2023, and the windows were also replaced. There are a few minor repairs required to the façade and the balconies. All units have balconies and feature contemporary floor plans. A communal garden and car parking spaces complement the property's facilities and contribute to its long-term lettability. Quiet and green residential area 2 hobby rooms totalling 45 m² New gas central heating installed in 2023 Potential for rent increases All flats have a balcony Small communal garden 3 car parking spaces in front of the building Average rent for residential properties: 8.37 EUR/m² O79365
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O79365

Property details
  • Property type

    Investment

  • Total surface

    ~425 m²

  • Living area

    ~425 m²

  • Plot surface

    ~737 m²

  • Usable surface

    ~425 m²

  • Target return

    3.97 %

Energy efficiency information
  • Construction year

    1995

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    113.26 kWh/m²a

  • Energy source

    Gas heating

Location: Lichtenrade, Berlin

The property is situated in the Lichtenrade neighbourhood of Berlin, a long-established residential area in the Tempelhof-Schöneberg district. The surrounding area is predominantly characterised by small-scale residential development and is complemented by green spaces and open areas. A variety of leisure and recreational facilities in the vicinity contribute to the location's appeal. Access to public transport is provided by various bus and S-Bahn services. Shopping facilities and amenities for everyday needs, including supermarkets, bakeries, pharmacies, restaurants and other retail and service outlets, are located within the neighbourhood. The location is characterised by a combination of a peaceful residential environment and a well-developed infrastructure.

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