The well-kept Livingroom -& commercial building offered here is located in Berlin Wedding, the district that is currently popular with young people. The property has 834 m2, divided into 7 apartments, a commercial unit and an expandable attic.
The house was built in 1875 and was renovated in years from 2002 to 2005.
Renovations have been carried out:
- Roof
- Water, sewage, electrical lines
- In the trains of the refurbishment all rental units have received a central heating
- Window (plastic double glazed)
- Facade (incl. insulation)
- Staircase
- All rental units have an internal bathroom, new flooring, fitted kitchens
- Heating (central heating, district heating)
A mix of 3 and 6 room apartments is spread over the four floors.
In addition, the property is fully basement.
Currently 8/8 rental units are rented. The property currently generates an annual net cold rent of 74,181,60€
p.a., average rental price is 8.97€ / m2.
The annual net cold rent could be optimized upwards by increasing rents.
In the attic there is an expansion reserve of approx. 145 m2.

The residential and commercial building offered here is located in the inner-city location in the administrative
district of Mitte of Berlin, district Wedding.
The Mitte district has about 340,000 inhabitants and is densely populated.
The distance from the object to the city center (Brandenburg Gate) is about 3.2 km, to the city-east (Alexander
Platz) about 3.9 km and to the city-west (Breitscheidplatz) about 4.9 km (each as the crow flies).
In the immediate vicinity of the property there are numerous shopping facilities, schools, Play Schools, medical
practices, universities, colleges, hospitals and parks.
Public transport is within 2 minutes' walk.
The court has gained enormous popularity due to the surrounding cultural facilities, student apartment buildings,
easy access to the public transport network, nearby parks and leisure facilities, especially among younger people.