#7318 – Residential – Purchase – Berlin Friedrichshain

9 % value increase in 12 months. Friedrichshain is a top performer. Invest in East-Berlin-Hotspot.

This property is available.
311,010 EUR
Asking price
74.1 m²
Living space
2.0
Rooms
  • Basement
  • Balcony

The elegant old building at Rigaer Straße 79, Berlin-Friedrichshain, was constructed in 1900 and consists of front building and side wing with a total of 4 stairways, 29 apartments, a commercial unit and an attic which is currently in planning. The property features a basement. Each apartment has a basement storage room. Bicycle storage is available in the second courtyard and in the basement.

In 2002 the property was extensively modernized. We would be happy to provide you with a construction description if you are interested.

Common property: Complete makeover of the street and courtyard facade, makeover of the cellar with wire cellar boxes, complete makeover of the stairways, redesign of the courtyard areas with play and recreation areas. Partially new roof construction with roofing and insulation of the intermediate ceiling to the 4th floor. Inspection respectively renewal of the supply and sewage connections and connection of the building to the district heating network.

Apartments: Reorganization of kitchens and bathrooms with new equipment, sound protection improvement in the front building, plank floors reworked, complete renovation of the rooms, doors, walls and ceilings while maintaining stucco elements. Electrical installation according to DIN standards and VDE regulations.

Performance of properties in Berlin-Friedrichshain

3 Years

+13.10 %

5 Years

+28.90 %

10 Years

+110.20 %

The perfomance indicators show the average performance of properties in Berlin-Friedrichshain based on median asking prices. Detailed information on the local real estate market can be found in our market reports.

Go to marketreport Friedrichshain

Basic informationen

Project
Price ✓ Condition ✓ Location ✓ Capital investment in international metropolitan neighborhood.
City
10247 Berlin Friedrichshain (Show on map)
Type
Purchase
Property type
Apartment
Status
rented (Investment property)
Floor
2 From 5
Living space
74.1 m²
Rooms
2.0

Price information

Asking price
311,010 EUR
Commission
2.98 % (incl. 19 % VAT)
Commission note
The seller pays a commission in the same amount to Guthmann Estate GmbH.
Housing allowance
231.00 EUR
Renatl income
790.62 EUR

Property data & energy

Year of construction
1900
Heating type
Central heating
Firing type
District heating
Energy certificate
Available
Energy certificate type
Consumption based
Thermal value
99.3 kWh/(m²·a)
Efficiency class
C
Energy certificate issuing date
2017-08-25
Energy certificate validity
2027-08-24

Fitting

  • Just as compact and well arranged as most of the apartments in the Rigaer Straße project is the rented front building apartment on the 2nd floor, with approx. 74 m² of living space. Two living rooms of approximately the same size with access to the balcony face south towards the low-traffic street. The spacious kitchen and bathroom face the green first courtyard. In 2002, the unit was modernized in a technically sound and aesthetically pleasing way as part of the IBB-funded refurbishment. With a purchase price of 4,200 EUR/m², this investment property offers considerable upward potential.

Location

International hotspot in Berlin heavily influenced by Western Europe. Top 5 immigration countries in 2021: Italy, Spain, France, Poland, USA. The Samariter Quartier in Berlin-Friedrichshain is an inner-city location that impacts and benefits from the surrounding neighborhoods.

3 Schools Number of schools in the area
  • Hausburg-Grundschule
  • Justus-von-Liebig-Grundschule
  • Pettenkofer-Grundschule
16 Kindergadens Number of kindergartens in the immediate vicinity
  • AWO Berlin Spree-Wuhle e.V - Kita Tausendfüßchen
  • AWO Berlin Spree-Wuhle e.V. - Kita Weidenkätzchen
  • AWO Berlin Spree-Wuhle e.V. - Kita Wichtelbühne
  • Fröbel Kindergarten Kieke mal
  • Fröbel Kindergarten Kleiner Muck
  • Kinderladen Buana
  • Kita Autismus Deutschland e.V.
  • Kita Bänschstraße
  • Kita Bänschstraße
  • Kita Ev. Kirchenkreis Berlin Stadtmitte
  • Kita Ev. Kirchenkreis Berlin Stadtmitte
  • Kita Klimperkiste
  • Kita Rigaer Straße
  • Kita Rock'n'Roll Zwerge
  • Kita Rumpelbande
  • Kita Liebigstraße
2 Culture & Leisure Culture & Leisure nearby
  • Mercedes-Benz Arena Berlin
  • Tempodrom

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Your personal contact

Rebecca Gritschke