Fully rented Wilhelminian-style apartment building in the Wrangel Kiez for sale.

The apartment building consists of 15 apartments. The total living space is almost 1300 m². The house is fully furnished and not divided. Extensive renovation work was carried out as part of the ModInst90 funding and through self-help; there are no longer any obligations.
Annual ACTUAL 1TP2D net cold: 88,500€
Due to the low Mieten, the Miete can be increased by 15 % every 3 years and
That would be around €135,000 in nine years!
The property was extensively renovated in two construction phases. The renovation work on the side wing and rear building was completed in 1987, that of the front building in 1994. With the exception of the street façade, which is protected as an ensemble, all existing windows were replaced with wooden insulated windows. The box double windows on the street façade were extensively renovated and some were subsequently retrofitted with hose seals on the inner window sashes. The Sfl. and HH were given bathrooms, some of them internal and all ventilated. The former small living rooms with kitchen and outside toilet were converted into modern living areas, and the entire sanitary and electrical installation, including the risers, were renewed. The Sfl. and HH parts of the building were given gas central heating with hot water preparation in 1987, which was upgraded in 2012 with a new condensing boiler, energy efficiency pumps and hot water storage. Cast iron radiators have been installed in most of the living rooms. In 2000, part of the roof of the rear building was removed and connected to the apartment below as a maisonette. In the renovation section of the front building, small apartments were also combined to form maisonettes and thus enlarged. With one exception, all apartments in the front building have bathrooms that can be ventilated through windows. The heating, plumbing and electrical installations have been completely renewed. Hot water and heating are supplied centrally via a gas condensing boiler with a hot water storage tank.

Position

The street is located at the foot of Görlitzer Park in the Wrangel district. Anyone who knows Berlin will love this lively, colorful and exciting area. The popularity of the district is also reflected in the constant influx of people and the enormous speed of change. New shops and cafes are constantly opening. People have always been drawn to Kreuzberg and now also to Neukölln, the hip neighboring district. Nowhere else in this city do so many individualists meet as here. The people of Kreuzberg make this district, which is known throughout Germany, something special.