Expandable small apartment building with building land reserve in a convenient Mahlsdorf location

The small apartment building, built in 1928, has four apartments with one to three rooms.
with one to three rooms. The attic apartment was converted in 2020.
There is a quiet service business on the first floor with a long-standing tenant.

Over the past 13 years, the sellers have carried out various modernization measures such as renovating the windows, roof plumbing work, kitchen fittings and new gas boilers in two apartments.

There is a garden shed at the rear of the property that is ready for demolition.
The plot could still be divided and offer space for a two-storey detached house in the second row.

On the front plot there is a partially rented multi-family house with approx. 281 m² of living space and approx. 80 m² of usable space
- a store with approx. 37 m²
- four apartments with living areas between 37 m² and 72 m²
- attic apartment and 1 RWE on the 1st floor are well maintained
- Three-room apartments on the ground floor and 1st floor (vacant) are in need of renovation
- Rents are between € 8.50/m² and € 10.35/m²
- Building land reserve in second row for new building with approx. 470 m² plot share

A rare opportunity: this property in the heart of the sought-after residential area of Mahlsdorf, nestled in a mature residential area with modern detached houses and small apartment buildings.

The apartment building is located on a thoroughfare. There is an elementary school, daycare center and discount store in the residential area. The Mahlsdorf S-Bahn and regional train station are within walking distance. This provides direct connections to Berlin City and Strausberg

The infrastructure around the station offers social facilities and a wide range of restaurants.

The property on offer is a rectangular plot with an area of approx. 57 x 19 meters. There are some trees on the undeveloped part of the plot that would have to be felled for a possible new building.