Commission-free: Comprehensively refurbished MFH, energy efficiency class A, JNKM € 229,152 (actual!)

12459 Berlin (Oberschöneweide)

5.500.000 €

1,485 m²

Living Area

Private offer

Apartment building or investment property

Apartment building

The rental property consists of a four-storey front building with a newly converted attic and a four-storey transverse building (rear building). There are 10 residential units in the front building and 8 in the side building.
The property was completely refurbished between 2009 and 2011!
All construction work was planned, managed and supervised by the owner (graduate engineer and owner of a building services company) following the purchase in 2008. Out of obvious self-interest, great importance was attached to the use of high-quality materials and construction methods to ensure the best possible sustainability of the work.
The extensive renovation/modernization work covered all trades on the building and included, among other things
-Removal of the building down to its foundation walls and ceilings, with the roof structure remaining in the transverse building,
-Replacement of the entire roof covering (roof tiles with underlay and battens including horizontal leveling of the existing rafters)
-Renewal of all rain gutters, masonry covers and downpipes with zinc sheeting
-Complete facade insulation as a composite thermal insulation system (full thermal insulation)
Insulation of the top floor ceiling in the rear attic with high-quality mineral wool
Renewal of the complete heating systems with 2 central heating systems, consisting of state-of-the-art gas condensing boilers and hot water storage tanks, all necessary state-of-the-art controls, pumps, fittings, piping and insulation, modern radiators in the apartments and an elegant towel radiator in almost all apartments. Hydraulic balancing of the heating system
-Replacement of all windows and installation of balcony doors, each with insulating glazing
-As a result of these measures, very low energy consumption -> energy efficiency class A!
-Extension of the attic of the front building for residential purposes with 2 new apartments
-complete renovation of the sanitary facilities, redesigned high-quality, comfortable bathrooms
-Installation of fully fitted kitchens in all apartments
-Installation of modern controlled ventilation systems with tracking relays (Helios) in interior bathrooms and guest WCs
-Renewal of the entire electrical system with centralized metering systems in the basement, completely new wiring in all apartments, including for cable TV and telephone
-New door intercom system with electric door opener,
-Renovation of the stairwell by renewing various steps and railing elements, plastering all stairwell wall surfaces with textured plaster/white coloring, covering all stairs and landings with a coconut runner to significantly improve footfall sound in the apartments
-Renewal of all interior doors
Very good footfall sound insulation thanks to high-quality floor construction
-Addition of spacious balconies,
-Renewal of all underground gas, drinking water and sewage pipes and cables on the property
-Complete redesign of the outdoor facilities, inner courtyard with play area, large lawn, seating area, modern paving, new waste bin area and covered parking space for bicycles,
-Complete excavation of all building surfaces in contact with the ground and their professional insulation
-Extensive lowering of the basement corridors due to previously low passage heights
-own garden areas for the two ground floor apartments in the transverse building
-Stroller and bicycle storage room in the transverse building, lockable
-new central locking system
-tenant cellar for all apartments, dry!
-partial guest WC
-Refurbishment of all apartment entrance doors by a specialist carpentry company
The newly created floor plans in the majority of the apartments were planned for optimum usability for the tenants, completely avoiding previously existing trapped rooms (connecting rooms). All rooms in all apartments are accessible from the respective corridors!

Are you interested in this offer?

Object Number	OM-422080
Object Class	Apartment building or investment property
Object Type	Apartment building
Handover from	By arrangement

Purchase price & additional costs

purchase price	5.500.000 €
Purchase additional costs	approx. 391,720 €
Total costs	approx. 5,891,719 €
Price per m²	3,700.00 €
Operating costs allocated p.a.	35,000 €

Breakdown of Costs

Purchase price 5.500.000 €

Real estate transfer tax 330,000 € (6.00%)

Notary costs 40,911 € (0.74%)

Land register entry 20,809 € (0.38%)

Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 20,167€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.50%

Details

Condition	As good as new
Year of last modernization	2011
Number of floors	5
Level	4th floor
Total area	1485 m²
Net rental income (target) p.a.	229152 €
Net rental income (actual) p.a.	229152 €
X-times rental income	24.00
Number of units	18
Flooring	Laminate
Heating	Central heating
Year of construction	1904
Equipment	Balcony, Terrace, Garden, Basement, Full bath, Shower bath, Fitted kitchen, Guest toilet
Infrastructure	Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

-Bathrooms with bathtub and real glass shower screen, thermostatic bathtub fittings, wall-mounted WC, new high-quality wall and floor tiles, UP washing machine set
-New cable TV and telephone connections in all living areas (!), thus secure dual internet access in all apartments.
All apartments have modern sockets in an absolutely above-average number
-Fitted kitchens with fridge/freezer, dishwasher, electric stove with ceramic hob, extractor hood, various cupboards in all apartments
-All floors have new laminate flooring, new tiles in the bathrooms
-At least one glass door per apartment for natural light in corridors

Location

Absolutely quiet street (30 km/h), which is only used by residents.
Streetcar is within walking distance, S-Bahn station Schöneweide and Baumschulenweg in another 5 min train ride or 12 min walk.
Very good infrastructure in terms of daycare, schools, shopping facilities in the immediate vicinity.
The property is located in a lively area in Berlin Oberschöneweide (Köpenick). There are several bus and streetcar lines in the immediate vicinity of the property. Several restaurants, bakeries, cafés, doctors and a shopping center are within walking distance. You will also find several green areas and parks, fashion stores, fitness studios, bars and two bookshops on site.