Sunny investment outlook: South facing, balcony, renovated old building. Rented investment flat, from former IBB property.
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
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5 Years
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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 FriedrichshainBasic 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.
- Hausburg-Grundschule
- Justus-von-Liebig-Grundschule
- Pettenkofer-Grundschule
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- 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
- Mercedes-Benz Arena Berlin
- Tempodrom