Your investment at the Zionskirche: Period apartment with balcony – 1.76% yield

Berlin Mitte, 2. OG for sale

Contact details

Objectdata

  • Object ID
    Z49_VH11
  • Property Type
    Apartment
  • Address
    (Mitte)
    10119 Berlin
  • Floor
    2
  • Etagen im Haus
    5
  • Living area approx:
    106.88 m²
  • Zimmer gesamt
    4
  • Bedrooms
    2
  • Bathrooms
    1
  • Balconies
    1
  • Heating type
    Single-storey heating system
  • Primary energy supplier
    Gas
  • Year of construction
    1900
  • Last modernization
    2000
  • Condition
    Well maintained
  • Maintenance fees
    275.19 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.
  • Buyprice per m²
    5,145.96 EUR
  • Incidental costs
    185.00 EUR
  • Purchase price
    550,000 EUR

Features

  • ✓ Balcony
  • ✓ 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 early 20th-century period building is part of a carefully maintained residential complex and consists of a front building, a side wing, a rear building, and a transverse building, all of which overlook a green and well-kept inner courtyard. The complex comprises a total of 28 residential units and two commercial units, distributed over five floors.

As part of renovation works carried out from the year 2000 onwards, the attic was converted for residential use, and all sanitary installations, electrical wiring, and windows were renewed. The building therefore features, among other improvements, a complete renewal of the roof including attic extension, installation of new PVC windows, a gas-fired central heating system with hot water supply, renewal of all water and wastewater risers, upgrading of the electrical system up to the distribution boards of the individual units, refurbishment of the stairwells, and redesign of the inner courtyard.

The apartment is located on the second floor of the front building facing Zionskirchstraße and offers a living area of approximately 106.88 sqm. The internal layout includes four rooms, all accessible from the hallway, a bathroom with a window, and a kitchen with access to the balcony. The property has been rented since 1986 and generates an annual net rent of approximately €9,656.28.

The apartment is let in a stable and reliable manner. Following the sale, the tenant benefits from a ten-year period of protection against termination.

Features

  • Top location
  • Rented
  • Wooden floorboards
  • Balcony
  • 1.76 % 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.

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