Scalable investment apartments in Berlin-Friedrichshain. Purchase prices from EUR 137,700 to EUR 770,000 Price ✓ Condition ✓ Location ✓ Capital investment in international metropolitan neighborhood.

Price ✓ Condition ✓ Location ✓ Capital investment in international metropolitan neighborhood.
Project with 26 Units
from 137.700,00 EUR
Area: 32,46 - 249,14 m²
Rooms: 1,0 - 6,0
Units: 25

Projectdescription

Do not balance location against price and investment security, rather benefit from all factors. In a high-quality old building from former IBB funding in Berlin's "Samariter" district, you can choose the right investment for you from 30 rented apartments at attractive prices per square meter. This exceptional property, which was thoroughly renovated in 2002, embodies solidity and security in every brick. Located in a top location in Friedrichshain, it offers high initial returns and an immense potential for appreciation. +++ Quality: The property offers maximum long-term security for your investment. It was extensively renovated in 2002 and appears almost immaculate after recent cosmetic repairs. +++ Price: Impressive price per square meter and an excellent initial return. Ideal as a profitable expansion for your portfolio or as a reliable initial investment. You can choose among 30 units, from 32.4 to 247.8 square meters. We are also happy to offer you attractive apartment packages on request. The former IBB-subsidized property in Rigaer Straße combines an international location factor with a high initial return at low prices per square meter. Upon changing the status of a unit, you decide whether you want to exploit value developments or optimize your long-term return. Altogether, location, price, rentability and condition guarantee high dynamics with low investment risk. Vacant apartments in this location are evaluated 20-30 percent higher.

Fitting

The elegant old building at Rigaer Straße 79, Berlin-Friedrichshain, was constructed in 1900 and consists of front building and side wing with a total of 4 stairways, 29 apartments, a commercial unit and an attic which is currently in planning. The property features a basement. Each apartment has a basement storage room. Bicycle storage is available in the second courtyard and in the basement. In 2002 the property was extensively modernized. We would be happy to provide you with a construction description if you are interested. Common property: Complete makeover of the street and courtyard facade, makeover of the cellar with wire cellar boxes, complete makeover of the stairways, redesign of the courtyard areas with play and recreation areas. Partially new roof construction with roofing and insulation of the intermediate ceiling to the 4th floor. Inspection respectively renewal of the supply and sewage connections and connection of the building to the district heating network. Apartments: Reorganization of kitchens and bathrooms with new equipment, sound protection improvement in the front building, plank floors reworked, complete renovation of the rooms, doors, walls and ceilings while maintaining stucco elements. Electrical installation according to DIN standards and VDE regulations.

Units

Floor Rooms Area Status Price Availability Expose
Ground floor 2,0 67,04 m² rented 266.309,00 EUR available 7332
Ground floor 5,0 249,14 m² rented 1.025.000,00 EUR reserved 7313
1 1,0 32,46 m² rented 137.700,00 EUR available 7339
1 6,0 180,81 m² rented 768.612,00 EUR available 7331
1 1,0 36,09 m² rented 148.461,00 EUR available 7324
1 1,0 57,69 m² rented 236.734,00 EUR available 7323
1 2,0 73,07 m² rented 303.821,00 EUR available 7316
2 3,0 77,49 m² rented 319.062,00 EUR available 7334
2 3,0 104,96 m² rented 428.368,00 EUR available 7333
2 1,0 37,34 m² rented 154.961,00 EUR available 7326
2 2,0 58,78 m² rented 243.397,00 EUR available 7325
2 2,0 74,01 m² rented 311.010,00 EUR available 7318
2 2,0 83,43 m² rented 349.230,00 EUR available 7317
3 1,0 34,37 m² rented 145.562,00 EUR available 7341
3 3,0 80,84 m² rented 336.731,00 EUR available 7336
3 3,0 106,23 m² rented 441.145,00 EUR available 7335
3 1,0 38,09 m² rented 159.936,00 EUR available 7328
3 2,0 59,88 m² rented 250.530,00 EUR available 7327
3 2,0 75,45 m² rented 320.450,00 EUR available 7320
3 3,0 84,83 m² rented 360.010,00 EUR available 7319
4 1,0 34,31 m² rented 145.562,00 EUR available 7342
4 3,0 81,30 m² rented 342.720,00 EUR available 7338
4 3,0 106,36 m² rented 446.460,00 EUR available 7337
4 2,0 59,78 m² rented 250.866,00 EUR available 7329
4 2,0 75,44 m² rented 324.521,00 EUR available 7322
4 3,0 84,55 m² rented 364.253,00 EUR available 7321

Location

International hotspot in Berlin heavily influenced by Western Europe. Top 5 immigration countries in 2021: Italy, Spain, France, Poland, USA. The Samariter Quartier in Berlin-Friedrichshain is an inner-city location that impacts and benefits from the surrounding neighborhoods.

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