Engel & Völkers

Well-maintained apartment building in a quiet residential area and energy class C

€3,300,000
  • 1,403 m² Total surface
  • 1,403 m² Living area
  • 1,213 m² Plot surface

Description

The property is an apartment block built around 1929 with 18 flats spread over four full storeys in two front buildings. The property is accessed via two well-kept stairwells and presents itself in a well-kept condition both technically and visually. Some old building details, such as historic doors, wooden floors in the flats and corresponding ceiling heights, are present. With the exception of an empty flat in the basement, the units are currently fully let. Heating is provided by gas-fired floor heating systems and the hot water supply is also decentralised. All windows have already been replaced with modern plastic windows. All residential units, with the exception of the two units in the basement, have balconies facing the quiet inner courtyard. The flats have modern tiled bathrooms. The property was largely modernised in 2008. The façade was insulated, all wiring was renewed, the electrics were centralised and the majority of the bathrooms were renovated. The top floor has not been converted, and no preliminary building enquiry has yet been submitted for a possible conversion. The property is not currently within the scope of a conservation statute or in a redevelopment area. No neighbourhood protection area Quiet residential area Some old building details preserved Well-kept condition Plastic windows Gas floor heating Balconies Attic not converted Low vacancy rate Average residential rent: 8.37 EUR/sqm 131438

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-131438

Property details

Object type

Apartment House

Total surface

1,403 m²

Living area

1,403 m²

Plot surface

1,213 m²

Target return

4.27422878787879 %

Energy efficiency information

Construction year

1929

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Energy source

Gas heating

Location: Baumschulenweg, Berlin

The Treptow-Köpenick district is an attractive location for living, leisure, recreation and business in the south-east of Berlin. The name and history of the Baumschulenweg district are closely linked to the Späth tree nurseries, which were world-famous in their day. Baumschulenstraße forms the central axis of the neighbourhood. The lively main street offers numerous shopping facilities for everyday needs. The nearby Treptower Park offers good local recreational opportunities. There are good transport links both by car and by public transport via the 'Baumschulenweg' S-Bahn station.

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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% of the purchase price including VAT is payable by the buyer.

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