Engel & Völkers
Umgebung

Apartment building in need of renovation close to Forum Köpenick

€1,380,000
  • 759 m² Total surface
  • 759 m² Living area
  • 439 m² Plot surface

Description

The property is an apartment building built around 1920 with twelve apartments spread over four full floors and a partially developed attic in the front building. The property is accessed via a staircase in need of renovation and is in a simple technical and visual state. Some period details, such as historic doors and some stucco elements in the apartments, are still present. With the exception of two units, the rented residential units are heated by gas-fired floor heating systems; hot water is also supplied decentrally by instantaneous water heaters. Most of the gas boilers are older models. Most of the apartments have balconies facing the street. Most of the windows are wooden double-box windows, but some of the windows are also new plastic windows. The apartments have tiled bathrooms. The property was last thoroughly renovated in the late 1980s, since when some modernization work has been carried out. Overall, the property is in need of renovation. The cellar is well maintained. The property is currently not within the scope of a preservation order or a redevelopment area. Not a protected area Some period features preserved Simple general condition Double wooden box-type windows and plastic windows Individual gas heating Top floor partially converted Two apartments will be handed over empty Average residential rent: EUR6.84/sqm 9842

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-9842

Property details

Object type

Apartment House

Total surface

759 m²

Living area

759 m²

Plot surface

439 m²

Target return

4.68741304347826 %

Energy efficiency information

Construction year

1905

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Energy source

Gas heating

Location: Köpenick, Berlin

The district of Köpenick in the southeast of Berlin is one of the most beautiful parts of the city in terms of landscape. Attractive parks and extensive forests offer numerous opportunities for recreation and excursions. With the largest water area of all Berlin districts and 65 km of waterways, Köpenick is also a magnet for water sports enthusiasts and the starting point for various steamboat trips. The property is within walking distance of the Köpenick S-Bahn station and the Bellevue Park. Numerous shopping opportunities can be found in the Forum Köpenick shopping center and on the adjacent Bahnhofstrasse. The historic old town with the town hall, small cafes and shops, and the baroque moated castle are within walking distance. Cultural events, such as the Köpenicker Sommer, as well as attractive restaurants and cozy pubs invite you to linger. The property is well connected by both car and public transport.

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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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