Street-side view of the building

Investment property · for sale · Berlin

Block of flats built in 1908 in Friedrichsfelde with loft potential

Investment property in Berlin-Lichtenberg: 6 residential units, commercial unit on the ground floor, close to Tierpark Berlin and Lichtenberg station

Purchase price

1.200.000 €

485 m² · 472 m² plot

Request property brochurePhotos & floor plan
  • Period building from 1908, well maintained
  • 6 residential units, approx. 485 m² of living space
  • Commercial unit on the ground floor, approx. 104 m²
  • Current net rent (excl. service charges) approx. 58.178 € p. a.
  • Loft with conversion potential (subject to planning permission)
  • Lichtenberg station approx. 600 m away
  • Tierpark Berlin and HWR university within walking distance

In Berlin-Friedrichsfelde, at Alt-Friedrichsfelde 9, a well-maintained four-storey block of flats dating from 1908 is for sale. It comprises six residential units with a total of approx. 485 m² of living space, plus a street-facing commercial unit of approx. 104 m² on the ground floor. The current net rent (excl. service charges) is approx. 58.178,40 € per year. Subject to official approval, the unconverted loft offers potential for additional living space. Purchase price: 1.200.000 €.

Location and surroundings

This charming apartment building is within walking distance of the Hochschule für Wirtschaft und Recht (Berlin School of Economics and Law) and Tierpark Berlin, in an urban setting with excellent transport links. Via the B1/B5, you can reach the centre of Berlin by car in just a few minutes.

Both the S-Bahn (Lichtenberg station) and the tram, as well as several bus stops, are easily reached on foot. In the immediate vicinity, close to Tierpark Berlin – one of the largest landscape zoos in Europe – you will find a wide range of shops, cafés and restaurants, as well as various primary and secondary schools and several nurseries.

The district of Lichtenberg stands out for its combination of urban living and green surroundings. Demand for housing here has risen steadily in recent years.

The property

On offer is a well-maintained, four-storey block of flats with a year of construction of 1908.

  • 6 residential units with a total living space of approx. 485 m²
  • 1 street-facing commercial unit on the ground floor with approx. 104 m² of commercial space
  • Plot area approx. 472 m²
  • Current net rent (excl. service charges) approx. €58,178.40 per year

Development potential

The unconverted loft could offer potential for rental growth, as it could create additional living space, subject to approval by the relevant authorities.

Location

Located in Berlin-Friedrichsfelde

The apartment building is located at Alt-Friedrichsfelde 9, 10315 Berlin, in the district of Lichtenberg. Alexanderplatz (the centre of eastern Berlin) is approx. 8 kilometres away, around 20 minutes by car.

Public transport

  • Lichtenberg S-Bahn station (various S-Bahn, U-Bahn and regional train services): approx. 600 m
  • Tram (lines 21, 27, 37): approx. 1 km
  • Bus (lines 108, N5): approx. 50 m
Loading map …

© OpenStreetMap · OpenFreeMap

Energy performance certificate
Consumption-based certificate
Final energy consumption
0 kWh/(m²·a)
Energy source
Gas

Questions about this property

How much does the apartment building at Alt-Friedrichsfelde 9 cost?

The purchase price is 1.200.000 €. In addition, a buyer's commission of 7.14% including statutory VAT is payable, as well as the usual additional purchase costs.

What rental income does the property currently generate?

The property currently generates a net rent (excl. service charges) of approx. 58.178,40 € per year. On this basis, the purchase price is around 20.6 times the current annual net rent. This does not constitute a forecast of future income.

How many units does the building have?

The four-storey building dating from 1908 comprises six residential units with a total of approx. 485 m² of living space, plus a street-facing commercial unit on the ground floor of approx. 104 m². The plot measures approx. 472 m².

Can the loft be converted?

The loft is currently unconverted. It could provide additional living space and therefore potential for rental growth, although any conversion would be subject to approval by the relevant authorities.

What are the transport links like in Friedrichsfelde?

Lichtenberg S-Bahn station, with S-Bahn, U-Bahn and regional train services, is approx. 600 m away, the bus stop (lines 108, N5) approx. 50 m and the tram (21, 27, 37) approx. 1 km. By car, you can reach Alexanderplatz via the B1/B5 in approx. 20 minutes (approx. 8 km).

What is there in the area around the building?

Tierpark Berlin and the Berlin School of Economics and Law (HWR) are within walking distance. The surrounding area offers shops, cafés and restaurants, primary and secondary schools, and several nurseries.

The commission is earned and due upon conclusion of the notarised purchase contract. For residential properties sold to consumers, the buyer and seller each bear half of the commission (§ 656c BGB, the German Civil Code). All information is provided without guarantee; errors, prior sale and prior letting are excepted. The information is based on details provided by the owner.

Similar properties

CallRequest property brochure