ONLY 2.441, - € per QM- Part-Modernized Wilhelminian tenement + roof to expand for 250 sqm Wfl

m² Landplot
m² Living area
Price / m²
2.441 €
3.100.000 € *

The property offered here has a front building with side wing and 2 other, rear-facing buildings and was built in 1905 on an approximately 900 square meter sunny plot.

The approximately 1,270 square meters of living space spread over 18 apartments, which are in a clean condition.

In the attic has about 350 square meters of floor space and is expansion potential for another approximately 250 square meters of living space.

The annual cold rent for the 18 apartments amounts to 97,000, - €, which gives a m² rent of 6,38 € net cold. Thus, there is strong potential for improvement. With new renting one could estimate after modernization with approx. 12, - to 14, - € nettokalt per QM.

It would also offer to rent the vacant space in the commercial buildings at a higher rent than commercial or residential space.

The entire property has been modernized in the last 20 years. So u. a. Renewed water and heating pipes, tiled the bathrooms, electrical in the basement and the risers renewed and the windows replaced by plastic windows. The facade is still in need of modernization.

The heating and hot water supply via a gas central heating.

The object is located in the environmental protection area. The house has not been split yet.

The property has old-building style elements from the turn of the century.

The apartments are currently all rented.

In the yard are a workshop and a garden portion, which are currently also rented.

Further details are available on request.

A good location in Berlin-Pankow OT Weissensee - close to Prenzlauer Berg. Shops, schools and public transport are in the immediate vicinity.

Our service for owners

We are discreet and competent in the sale of your property from the beginning to the finished degree.

Each step is done after consultation with you.

You decide on the sales strategy of your property, whether discreet and off-market or qualified marketing in print and online media.

We always have the right buyer.

In addition, we rate your property free of charge, according to the current market value.

We are happy to advise you personally in our office, by phone or by e-mail!

We are happy to hear from them!

ID: AIB 12327



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Financing example for this object
Price 3.100.000 €
Equity 708.908,00 €
Monthly payment 8.270,59 €
Non-binding financing example status on 05.12.2020.
View calculation basis Apply for online financing
* The purchaser must pay the commission fee of 7.14% of the purchase price incl. VAT - as long as the object exposé does not contain any other information.

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