Solid Investment in Southern Berlin – Tenanted Period Apartment in Mariendorf

~77 m²

2.5 Rooms

2nd Floor

Located on Mariendorfer Damm in Berlin-Tempelhof, this tenanted two-room apartment offers approximately 77.08 m² of living space. The unit is complemented by an additional storage room of approximately 5 m², resulting in a spacious and functional layout typical of a classic Berlin period property.

The apartment building, originally constructed around 1904, underwent substantial refurbishment and maintenance works between 2010 and 2019. These measures included, among other improvements, the renovation of the street-facing façade and the replacement of the pitched roof. The property therefore combines the character of a traditional Berlin period building with significant investments already made in the fabric of the building.

The building features an established and fully tenanted mix of residential and commercial units. A total of three commercial units are located on the ground floor and first floor. The property is complemented by ten classic Berlin period apartments situated between the first and fourth floors, some of which have already been modernised and all of which are currently let.

The apartment offered for sale is currently tenanted and represents a classic buy-to-let investment opportunity for investors seeking to add a residential asset in an established Berlin submarket to their existing property portfolio.

Investment Focus

This unit is particularly suitable for investors seeking a long-term investment in established Berlin residential property.

Tenanted residential unit with an existing tenancy Approx. 77.08 m² of living space plus an additional approx. 5 m² storage room Classic Berlin period building dating from around 1904 Extensive refurbishment and maintenance measures carried out between 2010 and 2019 Renovated street-facing façade and renewed pitched roof Established and fully tenanted residential and commercial structure Established residential location in Berlin-Tempelhof Long-term investment perspective supported by location, existing building substance and previous capital expenditure

The combination of an existing tenancy, classic Berlin period architecture and an established location provides a solid foundation for a long-term real estate investment strategy.

Balcony Storage Room Cellar

#MD_3 · Apartment

12109 Berlin · Mariendorf

€289,000 (~€3,749/m²)

3,57% of the purchase price incl. 19% VAT, payable by the buyer to the broker Buyer commission

The commission is due and earned with the notarization of the purchase contract. We have concluded a commissionable brokerage contract with the seller in the same amount.

Yield ~3.0%

Net cold rent: €713/mo.
Service charges: €100/mo.
Rental income: €813/mo.

Request documents

Property Details

Basic Information

Year Built: 1904
Floor: 2nd Floor of 3
Living Space: ~77 m²
Rooms: 2.5
Bedrooms: 1
Bathrooms: 1
Last Renovation: 2020
Condition: Well Kept

Energy Information

Energy Certificate: Available
Energy Certificate Type: Energy Consumption Certificate
Issue Date: 03/03/2021
Valid Until: 02/03/2031
Energy Efficiency Class: C
Energy Value: 89.2 kWh/(m²·a)

Location

Neighbourhood

The property is located in Berlin-Mariendorf, an established residential area within the Tempelhof-Schöneberg district. The surrounding neighbourhood combines a strong urban infrastructure with a predominantly residential character, providing solid conditions for long-term and stable rental demand.

Mariendorfer Damm is one of the district’s key north-south connections and offers a wide range of shops, service providers, restaurants, cafés and everyday amenities along its route. This makes the location highly practical for daily life and attractive to a broad range of tenants.

Infrastructure

Supermarkets, bakeries, pharmacies, medical practices and a variety of other services are located within the immediate surroundings. Schools, nurseries and further facilities for everyday needs are also well established throughout Mariendorf.

Additional shopping and leisure opportunities are available at Tempelhofer Hafen to the north, which offers retail, restaurants and cafés in a waterfront setting directly on the Teltow Canal.

Transport Connections

One of the key advantages of the location is its excellent connection to Berlin’s public transport network. Westphalweg underground station on the U6 line is located in the immediate vicinity of the property. The U6 provides a direct connection towards Tempelhof and further into central Berlin. Bus line 282 also operates nearby.

Mariendorfer Damm and the B96 additionally provide convenient road connections towards Berlin city centre as well as the southern parts of the city. The important north-south route has also been enhanced in recent years by improved cycling infrastructure.

Leisure & Recreation

Despite its strong urban infrastructure, Mariendorf also offers a variety of green spaces and recreational areas. Volkspark Mariendorf is one of the district’s key local recreation destinations and provides ample opportunities for walking, sports and leisure activities.

The Teltow Canal and the areas surrounding Tempelhofer Hafen offer further options for recreation and relaxation within easy reach of the property.