Properties

Investment at the Zionskirche – 1 room in a quiet garden house

Berlin Mitte, 4. OG for sale

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Objectdata

  • Object ID
    ZION49_4OG23
  • Property Type
    Apartment
  • Address
    (Mitte)
    10119 Berlin
  • Floor
    4
  • Etagen im Haus
    5
  • Living area approx:
    33 m²
  • Zimmer gesamt
    1
  • Heating type
    Central heating
  • Primary energy supplier
    Gas
  • Year of construction
    1900
  • Last modernization
    2000
  • Condition
    Partly/fully refurbished
  • Maintenance fees
    158 EUR
  • Buyer's commission
    3,57 Prozent vom Kaufpreis inkl. MwSt vom notariell beurkundeten Kaufpreis, verdient und fällig mit Beurkundung des notariellen Kaufvertrages
  • Flat rate rental
    301.22 EUR
  • Buyprice per m²
    4,951.48 EUR
  • Net return
    2.21 %
  • Rental income
    401.22 EUR
  • Purchase price
    163,399 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 flat is located on the 4th floor in the transverse building in Zionskirchstraße and has a living space of approx. 33 m². This is divided into 1 room, a bathroom and a kitchen. The flat has been rented since 2013 and has an annual rent of approx. 3,614.00 €.

A cellar is also allocated to the flat.

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

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Further investments in the property

Side wing
1st floor | 1.5 rooms | 43.63 m² | net rent € 423.20 | yield 2.35% | purchase price € 215,969.00
2nd floor | 1.5 rooms | 44.82 m² | net rent € 398.48 | yield 2.16% | purchase price € 221,859.00
3rd floor | 1.5 rooms | 45.04 m² | net rent € 414.00 | yield 2.23% | purchase price € 222,948.00
4th floor | 1.5 rooms | 45.36 m² | net rent € 340.00 | yield 1.86% | purchase price € 224,532.00

Cross building
2nd floor | 1 room | 32.25 m² | net rent € 267.00 | yield 2.01% | purchase price € 159,637.00
4th floor | 1 room | 33.00 m² | net rent € 301.22 | yield 2.21% | purchase price € 163,399.00

Front building
3rd + 4th floor on request

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Property condition

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

Features

+ Top location
+ Rented
+ 2,2% 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.

The displayed property location is approximate

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