Energy-efficient apartment building with potential in trendy Kreuzberg neighbourhood

This apartment building boasts six floors complete with a staircase, offering a total of 16 apartments within its well-maintained premises. Constructed in 1970, the property spans an impressive 974 square metres of living space, with each floor easily accessible via lift.

Flanking the gate and courtyard entrance, three apartments are located on the ground floor, with an additional three units on each of the subsequent three floors boasting floor plans ranging from 35 to 60 sqm, plus two larger units on the fourth and fifth floors measuring 81 and 87 sqm, respectively.

Tenants have access to individual cellar spaces, while the basement also contains private areas previously used by the owners.

Rents have been gradually adjusted in recent years and now average EUR 6.36 per sqm.

Located in vibrant and trendy Berlin-Kreuzberg within the district of Friedrichshain-Kreuzberg, the property is situated in one of the city’s most culturally diverse and dynamic neighbourhoods.

Transport connections couldn’t be better, with the Kottbusser Tor and Görlitzer Bahnhof underground stations in the immediate vicinity. In addition, bus and tram lines, as well as the nearby B96 main road, ensure fast connections to almost any destination in Berlin and beyond.

The property is situated within the Luisenstadt social conservation area.

Price: EUR 3,200,000, plus 7.14% commission (incl. VAT)

Lettable space: approx. 974 sqm

Net annual rent (current): approx. EUR 88,459

Information acc. to energy performance certificate: energy consumption 60.92 kWh/(m²a), energy efficiency class B, electricity, built in 1970

(Please quote property reference number 52886 when making your enquiry)