Engel & Völkers
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Engel & Völkers Commercial Berlin

+49 30 20346 0

OI-BER-O9431 – 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-O9431
Friedrichsfelde, Berlin, Germany

Well-kept residential building in the Weitling neighbourhood

Price
€2,100,000

Plot surface967 m²

Financing option

Amenities and special features of this investment

The property is an apartment block built around 1958 with 16 flats spread over four full storeys in a single front building. The property is accessed via two staircases and is in a very well-kept condition, both technically and visually. The top floor is not developed and all residential units have a south-facing balcony. The almost fully let residential units are heated by a gas-fired central heating system and the hot water supply is also centralised. A general refurbishment took place in 2000. Among other things, the basement was renovated and the wiring and bathrooms were renewed. The roof and balconies were also renovated in the course of this work. A key aspect of the façade refurbishment was the installation of a thermal insulation composite system in addition to vertical structural waterproofing. Plastic insulating glass windows were also installed. The flats were always refurbished when tenants changed. The basement is well maintained and does not appear to have any defects. The property is not within the scope of a conservation statute. Sought-after residential area No protected neighbourhood Quiet residential street Good condition Balconies Gas central heating Plastic insulated glass windows Low vacancy rate Average residential rent: 8.00 EUR/sqm O9431
Property typeInvestment

Living area

1,060 m²

Total surface

1,060 m²

Plot surface

967 m²

Construction year

1958
Energy efficiency class
energy class icon
C
A+
A
B
C
D
E
F
G
H

Energy certificate available

Yes

Energy source

Gas heating

Energy certificate type

Energy Consumption Certifiate

Friedrichsfelde: Location and surroundings of this property

The property is located in the district of Lichtenberg. This district is characterised by its diverse architecture. The Friedrichsfelde neighbourhood is the youngest section of the district and is home to only a few old buildings from the turn of the century. The street Alt-Friedrichsfelde extends Frankfurter Allee (B 1/5) and serves as the main access road from the eastern districts to the City East. The traffic density is high, but the public transport connections are very good. Tram and bus stops as well as the Berlin-Lichtenberg underground and S-Bahn stations are just a few minutes' walk away. The supply situation is positively influenced by various shopping facilities within walking distance. Just a few minutes away is the Weitlingkiez, a charming neighbourhood with old building charm, green streets and a lively mix of cafés, restaurants and small shops that embodies the typical Berlin neighbourhood character.

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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-O9431 – 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.


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