Wow effect: Just 4,200 euros/m² for refurbished investment property in Berlin-Friedrichshain.
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
- 81.6 m²
- Rooms
- 3.0
Price information
- Asking price
- 342,720 EUR
- Commission
- 2.98 % (incl. 19 % VAT)
- Commission note
- The seller pays a commission in the same amount to Guthmann Estate GmbH.
- Housing allowance
- 357.00 EUR
- Renatl income
- 833.48 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
- The offered unit is located on the 4th floor of the cross building between the first and second courtyard. Just about 81 square meters are divided into two large living rooms, a bedroom, kitchen, hallway and bathroom. Through a total of 7 windows, the unit is brightly lit at any time of day. In 2002, it was technically and visually modernized through an IBB funded renovation in accordance with the old building and with a purchase price of 4,200 EUR/m² this unit offers the best potential for the future as well as a high investment security. The entry price is approx. 25 -35% below the price of a corresponding vacant apartment.
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
- 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
- Mercedes-Benz Arena Berlin
- Tempodrom
