#7321 – Residential – Purchase – Berlin Friedrichshain

Sunny investment outlook: South facing, balcony, renovated old building. Rented investment flat, from former IBB property.

This property is available.
364,253 EUR
Asking price
84.7 m²
Living space
3.0
Rooms
  • Basement
  • Balcony

The elegant old building at Rigaer Strasse 79, Berlin-Friedrichshain, was built in 1900 and consists of a front building and side wing with a total of 4 floors, 29 apartments, a commercial unit and an attic that is currently being planned. The property has a full basement. Each apartment has a basement storage room and a communal bicycle room.

The property was extensively modernized in 2002. Street and courtyard facades, cellars and stairwells were renovated. The courtyard areas were redesigned with the creation of play and recreation areas. The roof was re-roofed. The sanitary facilities and heating pipes were checked, renewed and insulated and the property was connected to the district heating network.

The kitchens and bathrooms in the apartments were reorganized and renovated. Sound insulation was improved in the front building and floorboards were refurbished where present. The rooms were completely refurbished. The electrical installation was carried out in accordance with DIN standards and VDE regulations.

Performance of properties in Berlin-Friedrichshain

3 Years

+14.40 %

5 Years

+25.20 %

10 Years

+101.10 %

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
4 From 5
Living space
84.7 m²
Rooms
3.0

Price information

Asking price
364,253 EUR
Commission
2.98 % (incl. 19 % VAT)
Commission note
The seller pays a commission in the same amount to Guthmann Estate GmbH.
Housing allowance
393.00 EUR
Renatl income
913.66 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

  • Unit 24 with about 84m² on the 4th floor of our project in Rigaer Straße 79 is a secure investment due to the combination of top location, very solid technical condition and a price of 4,300 EUR/m². South facing living rooms with sunny balcony, floorboards, functional bathroom with windows and approx. 8.5 square meter kitchen are just a few features that make this unit so special. In 2002, the unit was technically and visually modernized as part of the IBB-funded refurbishment. The IBB funding will expire and (if applicable) will be transferred to the rent index.

Location

International hotspot in Berlin with a Western European flavor. Top 3 influxes in 2023: Italy, Spain, France. The Samariter Quartier in Berlin-Friedrichshain is an urban-central location that radiates into the neighboring 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

Phil Gries