Attractive investment with development potentiality

  • District

    Schöneweide

  • Lettable area

    975

  • Net rent

    85.940 €

  • Factor

    30

  • Price

    2.600.000 €

Here we offer a beautiful residential and commercial building with 4 floors in Schöneweide in the district of Treptow-Köpenick. It is a multi-family house with front building and side wing on a plot area of ​​763 m². With a total living area of ​​975 m², the full-cellared house is divided into 16 units. The building has 15 apartments on a floor space of 763 m² and a commercial unit on an area of ​​212 m². The commercial unit also has additional storage rooms in the basement of about 90m ². The attic offers special development potential. It has a gross floor area of ​​343 m²; for a living space of 220 m² there is already an expansion planning by architects. The front of the house is dominated by balconies, French windows and bay windows. The units are supplied by central heating (district heating). The courtyard with many storage facilities for bicycles is covered with concrete slabs. There is also a garage here, which is also rented. In 2017, the electrical risers and the entire main electrical distribution system were renewed in the house. The electrical cables for the attic storeys have already been laid flush. The stairwells with their decorative elements have also been carefully renovated. The original entrance doors have been restored. With tenants extract the appropriate apartments were completely renovated, i. the walls were repainted, the floorboards were additionally equipped with parquet flooring, the electrical installations were rebuilt, the bathrooms were tiled white and equipped with new sanitary objects, etc. So far, 10 of 15 residential units have been renovated. Later this year, the facade towards the courtyard will be renovated, the costs are already included in the purchase price. All apartments in the house built in 1900 are rented. An annual net cold rent of € 64,177 is achieved. With new letting of the vacant commercial unit and rent increase of the units lying below the rental index, a nominal rent of 85.940 € is to be counted. The property is located in the immediate vicinity of the University of Applied Sciences (HTW). All shops are located in the immediate vicinity, so there are several smaller shops and the Schöneweide Center. A very good traffic connection is ensured by the S-Bahn as well as bus and tram. The Alexanderplatz can be reached in 20 minutes by S-Bahn. It is also just 20 minutes to Schönefeld Airport. Schöneweide has developed very positively in recent years, especially due to the influx of students, artists and young families.

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