Engel & Völkers

Well-kept residential and commercial building in the charming neighborhood of Friedenau

€2,800,000
  • 1,194 m² Total surface
  • 1,145 m² Living area
  • 776 m² Plot surface
  • 49 m² Rental Surface

Description

The property is a residential and commercial building consisting of a front building and a side wing with a total of 18 residential and two commercial units, spread over four full floors, a basement and a converted attic in the front building. The side wing dates from 1907, while the front building was partially rebuilt in 1954. The property is accessed via two stairwells and is in a well-kept condition. Old building details such as façade stucco and corresponding ceiling heights are present. A commercial unit is rented to a heating and plumbing company, the other is used by the owner family. All units are heated by gas central heating and supplied with hot water by means of instantaneous water heaters. The apartments all have balconies or loggias. The electrical wiring in the side wing was recently replaced. The entire property has plastic double-glazed windows. The property is not located in a conservation or redevelopment area. Sought-after residential area No neighbourhood protection area Old building details Loggias and balconies Gas central heating Plastic insulated glass windows Two garages Average residential rent: EUR 6,47/sqm Average office rent: EUR 6.71/sqm 29292

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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Wohn- und Geschäftshäuser

Property ID: OI-BER-29292

Property details

Object type

Investment

Total surface

1,194 m²

Living area

1,145 m²

Plot surface

776 m²

Rental Surface

49 m²

Target return

3.37098857142857 %

Energy efficiency information

Construction year

1907

Energy efficiency class

energy class icon

Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Energy source

Gas heating

Location: Friedenau, Berlin

The property is located in the charming Berlin district of Friedenau, part of the Tempelhof-Schöneberg district. The area is characterized by Gründerzeit buildings and a quiet, family-friendly atmosphere. Nearby, Friedrich-Wilhelm-Platz and Volkspark Wilmersdorf offer numerous recreational and leisure opportunities. The nearby Schloßstraße attracts visitors with a wide range of shops and restaurants. The transport links are also excellent: The underground station "Friedrich-Wilhelm-Platz" (U9) and the suburban train station "Bundesplatz" (S41, S42) are within walking distance. There are numerous shopping opportunities, schools, kindergartens and health facilities. All in all, the area offers a perfect balance between quiet living and urban life, with a very good infrastructure and a wide range of leisure opportunities.

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Your shop

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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