Engel & Völkers

Multi-family house with newly converted attic (approx. March 2025)

€4,100,000
  • 1,694 m² Total surface
  • 1,694 m² Living area
  • 999 m² Plot surface

Description

The property is a residential building built around 1903, the front building of which was rebuilt in 1950 after war damage. The 13 units of the front building, one of which is in the basement, are accessed via two staircases. Eight further units are located in the adjoining side wing, which is accessible via an additional staircase. The third floor was temporarily vacated due to a necessary sponge renovation and all three units were completely renovated. Currently, three further units are being built in the attic of the front building. Completion is planned for around March 2025. An additional approx. 226 m² of high-quality rentable space will be created. All three units have terraces and will be equipped with parquet floors and tiled bathrooms. The ceiling height is approx. 3.50 m. Upon purchase, the current state of the order can be entered into or the work will be handed over ready for occupancy. An individual agreement can be made for this. The property is heated by a gas central heating system, and the hot water supply is decentralized using instantaneous water heaters. In recent years, four units have been renovated and refurbished. In 2011/2012, the rear facades were insulated and all windows were repainted or, if necessary, replaced with plastic insulated glass windows. The front building facade facing the courtyard will be greened and a bicycle parking area and a garbage disposal area will be built. The property is located in the "Tempelhof" environmental protection area. Quiet side street Very good transport links "Tempelhof" conservation area Partially renovated Balconies Mostly rented Gas central heating Newly developed attic floor Average residential rent: EUR7.72/sqm 10902

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-10902

Property details

Object type

Apartment House

Total surface

1,694 m²

Living area

1,694 m²

Plot surface

999 m²

Target return

4.5301312195122 %

Energy efficiency information

Construction year

1903

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Location: Tempelhof, Berlin

The property is situated in a very good residential area in the centre of the Tempelhof district. The residential environment is characterised by a large number of mostly renovated old buildings, including many representative town houses. The Teltow Canal and the Tempelhof Harbour with its modern shopping centre are in the immediate vicinity. Public transport, such as the 'Alt-Tempelhof' underground station, is within walking distance. Tempelhof's main street, Tempelhofer Damm, with its numerous shopping opportunities, is in the immediate vicinity.

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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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