Berlin-Lichtenrade: Investment property with a return of approximately 3%

~66 m²

2.5 Rooms

1st Floor

The apartment is located in a well-maintained residential complex from the 1970s and represents an attractive investment opportunity. The unit has been reliably rented out since it was first occupied and is suitable for investors and/or future owner-occupancy.

The common areas are in good condition; there is currently no apparent backlog of maintenance. The homeowners’ association comprises a total of 50 units. The apartment includes a private basement storage unit. A parking space is also available for purchase.

Balcony Cellar

#8015 · Apartment

12305 Berlin · Lichtenrade

€198,000

3.57% including VAT Buyer commission

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

Price per m²: ~€3,000/m²
Gross yield: ~3.1%
Current rent: €505/mo.
Service charges: €410/mo.

Request documents

Property Details

Basic Information

Year Built: 1970
Floor: 1st Floor of 2
Living Space: ~66 m²
Rooms: 2.5

Energy Information

Energy Certificate: Available
Energy Certificate Type: Energy Consumption Certificate
Issue Date: 08/08/2024
Valid Until: 08/08/2034
Energy Efficiency Class: F
Energy Value: 172.0 kWh/(m²·a)
Heating Type: Central Heating (Natural Gas)
Heating Costs: €130

Features

The approximately 66 m² of living space is functionally divided into two and a half rooms and offers a practical floor plan. The bathroom was renovated in the mid-2000s and is in good condition. The living areas are primarily carpeted. A spacious balcony with a view of the greenery creates a pleasant living atmosphere and rounds out the overall appeal of the apartment.

Location

The apartment is located in a residential complex in southwest Berlin, right on the city limits. The surrounding area is characterized by a quiet suburban neighborhood consisting mainly of single-family homes and a well-established residential atmosphere. Directly behind the complex runs the historic Berlin Wall Trail, which invites residents to take walks and enjoy recreational activities. Shopping options for daily needs are available in the immediate vicinity. In addition, the nearby “Gropius Passagen” offers a wide range of shopping and amenities. Public transportation access is provided by bus line 172, which connects to the Lichtenrade S-Bahn and U-Bahn station as well as to Johannisthaler Chaussee.