Investment in Mitte – 1.5 Rooms on Zionskirchstr., reliably rented

Berlin Mitte, 2. OG for sale

Contact details

Objectdata

  • Object ID
    Z49_WE12sfl
  • Property Type
    Apartment
  • Address
    (Mitte)
    10119 Berlin
  • Floor
    2
  • Etagen im Haus
    5
  • Living area approx:
    44.82 m²
  • Total space approx
    44.82 m²
  • Free space approx
    44.82 m²
  • Renatble area ca.
    44.82 m²
  • Zimmer gesamt
    1.5
  • Heating type
    Central heating
  • Primary energy supplier
    Gas
  • Year of construction
    1900
  • Last modernization
    2000
  • Condition
    Partly/fully refurbished
  • Maintenance fees
    181.48 EUR
  • Buyer's commission
    3,57 Prozent vom Kaufpreis inkl. MwSt Die Provision ist verdient und fällig mit Beurkundung des notariellen Kaufvertrages. Wir haben einen provisionspflichtigen Maklervertrag mit dem Verkäufer in gleicher Höhe abgeschlossen.
  • Flat rate rental
    398.48 EUR
  • Buyprice per m²
    4,950.00 EUR
  • Net return
    2.16 %
  • Rental income
    513.48 EUR
  • Heating costs
    40.00 EUR
  • Purchase price
    221,859 EUR

Features

  • ✓ Cellar

Energy certificate

  • Energy certificate type
    Bedarfs­ausweis
  • Date of issue
    16.10.2020
  • Valid until
    10-2030
  • Year of construction
    1900
  • Primary energy source
    Gas
  • Energy demand
    118.00 kWh/(m²·a)
  • Hot water included
    yes
  • Energy efficiency class
    D
0 25 50 75 100 125 150 175 200 225 250+ H G F E D C B A A+ H G F E D C B A A+ Final energy demand 118.00 kWh/(m²·a)

Property description

Description

The classic old building from the turn of the century is part of a lovingly maintained residential ensemble and consists of a front building, side wing, rear building and transverse building, each of which has a well-kept and green courtyard. The building complex consists of a total of 28 units and two commercial units spread over 5 floors.

The roof was extended and all the sanitary facilities, electrical wiring and windows were replaced in the course of the refurbishments in 2000 and the following years. The building features the following measures, among others:

- Renewal of the entire roof covering with roof extension
- Installation of new plastic windows
- Installation of a gas central heating system with hot water supply
- Renewal of all water and waste water pipes (lines)
- Renewal of the electrical installation up to the distribution boards of the individual flats
- Stairwells refurbished
- Design of the inner courtyard

The apartment is located on the 2nd floor of the side wing on Zionskirchstraße and has a living area of approximately 44.82 m². It consists of 1.5 rooms, a bathroom, and a kitchen. The apartment has been rented since 2007 and generates an annual net cold rent of approximately €4,781.00.

A basement storage unit is also allocated to the apartment.

The flat is let reliably. After the sale of the flat, the tenant is entitled to a 10-year cancellation protection period.

Features

+ Top location
+ Rented
+ 2,16% yield

Location

Berlin, a city of diverse centres, presents the closest thing to a classic city centre in the Mitte district. Zionskirchstraße, located by the picturesque Zionskirche church, is a prime example of urban life in this dynamic district.

Nestled between the charming Kollwitz neighbourhood and the vibrant Rosenthaler Platz, Zionskirchstraße offers a quiet yet lively atmosphere. It is surrounded by an abundance of cafés, bars, restaurants and shopping facilities, such as in Kastanienallee, which emphasise the unique character of the district. Cultural highlights and places steeped in history are omnipresent in this neighbourhood. Relaxation can be found in the nearby parks, such as Volkspark am Weinberg and Zionskirchplatz, which are green oases of peace in the midst of the urban hustle and bustle.

The public transport connections are excellent. The underground stations Rosenthaler Platz (U8) and Bernauer Straße (U8), as well as several tram lines, including the M1 and 12, offer quick and convenient access to other parts of Berlin.

Enquiry

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