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Formerly subsidized IBB apartment building not far from Britzer Garten

€1,650,000
  • 755 m² Total surface
  • 755 m² Living area
  • 899 m² Plot surface

Description

The property at is an apartment building built around 1984, consisting of eight apartments spread over four full floors. The individual apartments, which all have balconies or terraces, are accessed via a well-maintained staircase. Two apartments were completely renovated in 2020. The bathrooms, kitchens and electrics were renewed. All apartments have their own fitted kitchens. The apartments are heated by a gas central heating system that was renewed in 2018. The rear, generously proportioned plot offers very good lighting. There are also five garages on the property. The property's IBB post-occupancy commitment expires at the end of 2025, which relates to both the occupancy and the rent commitment. Furthermore, the property is not subject to any conservation statutes. No milieu protection area Quiet residential area Pure front building Attractive apartment sizes IBB commitment until the end of 2025 Gas central heating Balconies and two terraces available on the ground floor Garages available Average residential rent: EUR 8.83/sqm O96655

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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O96655

Property details

Object type

Apartment House

Total surface

755 m²

Living area

755 m²

Plot surface

899 m²

Target return

4.97537454545455 %

Energy efficiency information

Construction year

1984

Energy certificate available

No

Location: Buckow, Berlin

The property is located in a middle-class residential area of the Berlin district of Buckow in the borough of Neukölln. The heart of the neighborhood and at the same time a place of recreation is the nearby Britzer Garten with its many well-tended green spaces. The residential area is characterized by a large number of detached and semi-detached houses. Johannisthaler Chaussee and Rudower Straße offer many shopping facilities for daily needs as well as restaurants, bars and cafés. The connection to Berlin city center is well guaranteed with various bus and train lines running within walking distance. The A113 highway is just a few minutes' drive away and also offers good car connections.

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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% of the purchase price including VAT is payable by the buyer.

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