Well-maintained residential and commercial building with newly converted attic in the Weitling neighbourhood

Amenities and special features of this investment

The property is a residential and commercial building built around 1909 with 17 apartments and three commercial units spread over four full floors and a fully developed attic floor in the front building and the rear building. In the courtyard, there is a garage used by the current owner. The commercial units include a locksmith, a dental laboratory and a dental practice operated by the current owner on the first floor. The property is accessed via two well-kept stairwells, with the rear building also having a passenger elevator. The property is in a well-kept condition, both technically and visually. Some period features, such as occasional stucco in the entrance area and in the apartments of the front building, historic doors and corresponding ceiling heights, are present. The heating and hot water supply is decentralized via combi boilers. New wooden windows have been installed in all units. The apartments have tiled and mostly contemporary bathrooms. The property was extensively renovated in the 1990s. In the course of this, all supply, waste water and electrical lines were renewed and the facades and stairwell were renovated. Furthermore, the attic of the transverse building was converted into an apartment, which is also directly accessible via the passenger elevator. In the last 30 years or so, all apartments, including the bathrooms, have been renovated. When tenants changed, the apartments were partially renovated again. The attic conversion of the front building with two apartments is currently being completed, so the new units have not yet been rented. The modern attic apartments are equipped with high-quality bathrooms and have balconies/terraces. A spacious roof terrace is also being built on the roof of the front building, which could be used by all parties. The property is located in the area covered by the "Weitlingstraße" environmental protection zone. Milieu protection area "Weitlingstraße" Residential area in demand Some old building details preserved Well-kept condition Wooden windows Gas floor heating Attics converted and currently still unlet in the front building Roof terrace Garage in the courtyard Passenger lift in cross building Average residential rent: 8.77 EUR/sqm Average commercial rent: 13.99 EUR/sqm 128678

Rummelsburg: Location and surroundings of this property

The district of Lichtenberg in Berlin borders Friedrichshain and Prenzlauer Berg to the east and combines very different building structures in its area. In addition to Karlshorst to the south, which is characterized by villas, there are several old building quarters, building areas from the 1920s and also large housing estates in prefabricated construction. The Weitlingkiez is a neighborhood in the two Berlin districts of Rummelsburg and Friedrichsfelde that essentially developed in the 19th and 20th centuries. The Weitkling-Kiez in particular has undergone enormous positive development in recent years. Weitlingstraße, which runs roughly north-south, is the center of this residential area, where all stores for daily needs are located. The property is located in a quiet side street. There are also many local recreation areas within walking distance, including Rummelsburger Bucht. The property is very well connected both by car and by public transport via the "Lichtenberg" S-Bahn and U-Bahn station.

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