Sunny investment outlook: South facing, balcony, renovated old building. Rented investment flat, from former IBB property.

85 m²

3 Rooms

4. 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

#7321 · Apartment

10247 Berlin · Friedrichshain

€364,253

2.98% incl. 19% VAT Buyer commission

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

Service charge: €79/mo.

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Property Details

Basic Information

Year Built: 1900
Floor: 4. Floor of 5
Living Space: 85 m²
Rooms: 3

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: €143

Features

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.