Engel & Völkers
Eingangsbereich

Fully rented apartment building in a sought-after residential area

€2,500,000
  • 1,057 m² Total surface
  • 1,057 m² Living area
  • 888 m² Plot surface

Description

The property is a detached apartment building built in 1996 with twelve apartments spread over three full floors and three maisonette apartments in the attic. Furthermore, there are three parking spaces behind the house, all of which are rented. The property is accessed via a well-kept staircase and is in a well-maintained condition, both technically and visually. In recent years, some of the windows have been replaced and the facades and balconies will be redone in 2023. All maintenance measures have been carried out on an ongoing basis, so there is no maintenance backlog. The fully rented units are heated and supplied with hot water by a gas central heating system. Plastic windows are installed and balconies are available in all units. The apartments have contemporary bathrooms. The cellar is well maintained and apparently has no defects. The property is not located in a conservation or redevelopment area. Quiet and sought-after location Partially renovated in 2023 Good condition Balconies Plastic windows Gas central heating Converted attic 3 parking spaces Fully let Average residential rent: EUR 8.11/sqm O207520

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-O207520

Property details

Object type

Apartment House

Parking spaces

3

Total surface

1,057 m²

Living area

1,057 m²

Plot surface

888 m²

Target return

4.1487792 %

Energy efficiency information

Construction year

1996

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Energy Consumption Certifiate

Energy source

Gas heating

Location: Karlshorst, Berlin

The property is located in the southern part of the Lichtenberg district in Karlshorst. The district is also known as the "Dahlem of the East" because of its loose building structure and the very high proportion of green space. The charming overall impression is characterized by richly decorated Gründerzeit villas and single-family houses. The trotting track, the zoo and the Wuhlheide recreation area form the prominent cornerstones of the district, which is an attractive residential location for many population groups. Families in particular move here and benefit from the good social infrastructure. Treskowallee is the cultural and local center of the district and is also the main traffic connection to the B 1/5 and to Köpenick. The Karlshorst district is very well connected to the City-East both by S-Bahn (Karlshorst station) and by private transport. In addition, tram and bus lines ensure the mobility of local residents.

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Engel & Völkers Commercial Berlin

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Provider:

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Commission details

The commission of 7.14% of the purchase price incl. statutory VAT is to be paid by the buyer.

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