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Engel & Völkers Commercial Berlin

+49 30 20346 0

OI-BER-9465 – This is the Engel & Völkers property ID, your agent might ask for it.

Team Investement Residential and Commercial

License partner of Engel & Völkers Commercial GmbH

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Engel & Völkers ID : OI-BER-9465
Mitte, Berlin, Germany

Fully rented residential building in Wedding

Price
€2,895,000

Plot surface872 m²

Financing option

Amenities and special features of this investment

The residential building was built around 1965 as a south-west-facing front building on a plot of approx. 872 sqm. The property has a total of 16 apartments on its six floors, which are currently fully let. The units are accessed via a staircase and elevator. There are three individual garages and a total of five parking spaces (some with carports) on the rear part of the property. The property is in a very solid and well-kept condition; individual residential units have been refurbished in the course of new lettings. The building insulation dates back to 1965 and the property is heated by an oil-fired central heating system; hot water is provided decentrally via instantaneous water heaters in the apartments. The wooden windows are from 1965 and all apartments (except for the two units on the ground floor) have a balcony. The property is located in the "Badstraße" milieu protection area. Residential area in demand Protected neighborhood "Badstraße" Oil central heating Energy class C Fully let Elevator Balconies Five parking spaces, three garages Built in 1965 Very good public transport connections Average residential rent: EUR 7.49/sqm 9465
Property typeInvestment

Living area

1,311 m²

Total surface

1,311 m²

Plot surface

872 m²

Parking bays

5

Construction year

1965
Energy efficiency class
energy class icon
C
A+
A
B
C
D
E
F
G
H

Energy certificate available

Yes

Energy source

Oil heating

Energy Certificate Type

Energy Consumption Certifiate

Mitte: Location and surroundings of this property

The property is located in a quiet residential street. In recent years, the Wedding district has become increasingly popular, especially with students and newcomers, and has led to the establishment of an attractive bar and cultural scene, particularly in the Gerichtstraße area. The Bornholmer Brücke bridge takes you to the lively district of Prenzlauer Berg in just a few minutes. The nearby Bachstraße in particular offers numerous shopping opportunities, and the Gesundbrunnen-Center is also within easy reach. There are numerous train lines here at Gesundbrunnen station, not only the S-Bahn, but also the long-distance and regional trains. The nearby Humboldthain park and swimming pool are very popular with the local population.

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Engel & Völkers
Commercial Berlin

Joachimsthaler Straße 1, 10623, Berlin

+49 30 20346 0

Engel & Völkers
Commercial Berlin

Joachimsthaler Straße 1, Berlin, 10623

OI-BER-9465 – This is the Engel & Völkers property ID.
Team Investement Residential and Commercial
License partner of Engel & Völkers Commercial GmbH
Website

Commission Details

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