Engel & Völkers

Apartment building on the Landwehr Canal

€1,350,000
  • 625 m² Total surface
  • 625 m² Living area
  • 571 m² Plot surface

Description

The property is an apartment building built around 1960 with a total of ten residential units spread over five full floors. The building is in a style typical of the year of construction, an industrialized method of flat-roofed apartment construction. The building stands on a property of around 571 m², and there are three separately rented parking spaces in the courtyard. The property is accessed via a stairwell and is generally in a well-kept condition. Plastic double-glazed windows are installed throughout the property and the electrical risers have been renewed. The meters were centralized in the basement as part of this measure. The apartments are fully rented and heated by oil central heating. The hot water supply is decentralized via instantaneous water heaters. With the exception of a unit on the ground floor, all apartments have a balcony facing south or southwest. The property is subject to a preservation statute, the "Bergmannstraße Nord" environmental protection area. "Bergmannstraße Nord" conservation area Sought-after residential area Apartment sizes between approx. 59 and 66 sqm Balconies Oil central heating 3 Outdoor parking spaces Fully let Average residential rent: EUR6.65/sqm 126817

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-126817

Property details

Object type

Apartment House

Parking spaces

3

Total surface

625 m²

Living area

625 m²

Plot surface

571 m²

Target return

3.77157333333333 %

Energy efficiency information

Construction year

1960

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Energy source

Oil heating

Location: Kreuzberg, Berlin

The property is located in the Berlin district of Kreuzberg, near the lively Bergmannkiez. The Landwehrkanal is a popular recreational area in the immediate vicinity. Tempelhofer Feld is also easily accessible. The transport links are excellent: the underground stations Hallesches Tor (U1, U3, U6) and Mehringdamm (U6, U7) are a few minutes' walk away and offer quick connections to the city. Shopping, schools, kindergartens and health facilities are nearby, making the area family-friendly. Overall, the area offers a perfect balance between urban living and recreation in the countryside, with excellent infrastructure and a wide range of leisure opportunities.

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Engel & Völkers Commercial Berlin

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Provider:

License partner of Engel & Völkers Commercial GmbH

Commission details

The brokerage fee of 7.14% on the purchase price including VAT is payable by the buyer.

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