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 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
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
- 338.00 EUR
- Renatl income
- 706.84 EUR
- Current rent
- 6,430 EUR
- Rent target
- 7,395 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 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.
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