Flying high with your investment: Old building flat in Friedrichshain. Central, extensively renovated in 2002, low entry price for your investment.
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
5 Years
10 Years
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
- 75.5 m²
- Rooms
- 2.0
Price information
- Asking price
- 324,521 EUR
- Commission
- 2.98 % (incl. 19 % VAT)
- Commission note
- The seller pays a commission in the same amount to Guthmann Estate GmbH.
- Housing allowance
- 324.00 EUR
- Renatl income
- 945.22 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
- This very attractive investment of just about 75 square meters is located in our project on the 4th floor of the front building. The two large living rooms with a sunny balcony face south towards the low-traffic Rigaer Straße. Kitchen and bathroom are equipped with windows to the inner courtyard. Visually and technically the property is in a remarkable condition. In 2002, all apartments and the building were extensively modernized with IBB funding. Very central, top renovated, quiet and at a low entry price, that is the short description of this profitable investment.
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.
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