9 % value increase in 12 months. Friedrichshain is a top performer. Invest in East-Berlin-Hotspot.

74 m²

2 Rooms

2. Floor

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.

Balcony Cellar

#7318 · Apartment

10247 Berlin · Friedrichshain

€311,010

2.98% incl. 19% VAT Buyer commission

The seller pays a commission in the same amount to Guthmann Estate GmbH.

Service charge: €90/mo.

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Property Details

Basic Information

Year Built: 1900
Floor: 2. Floor of 5
Living Space: 74 m²
Rooms: 2

Energy Information

Energy Certificate: Available
Energy Certificate Type: Energy Consumption Certificate
Issue Date: 25/08/2017
Valid Until: 24/08/2027
Energy Efficiency Class: C
Energy Value: 99.3 kWh/(m²·a)
Heating Type: Central Heating (District Heating)
Heating Costs: €96

Features

Just as compact and well arranged as most of the apartments in the Rigaer Straße project is the rented front building apartment on the 2nd floor, with approx. 74 m² of living space. Two living rooms of approximately the same size with access to the balcony face south towards the low-traffic street. The spacious kitchen and bathroom face the green first courtyard. In 2002, the unit was modernized in a technically sound and aesthetically pleasing way as part of the IBB-funded refurbishment. With a purchase price of 4,200 EUR/m², this investment property offers considerable upward potential.

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.