Rented investment property in Berlin-Schöneberg with development potential.

The renovated apartment is located on a high floor of a multi-family building from 1970, in a quiet residential area of Berlin-Schöneberg. The surrounding area offers good access to public transportation, as well as shops and amenities. The living space is approximately 35 square meters. The layout is compact and functional, comprising a living area, a kitchenette, a bathroom, and a small storage room. A storage unit in the basement is also included. If needed, an additional parking space in the courtyard can be rented directly from the homeowners' association. During the renovation, the flooring, bathroom, and built-in kitchen were updated. The apartment has been continuously rented to the same tenant since February 2016. The current monthly rent (cold rent) is €386.00. According to the 2026 financial plan, the monthly homeowners' association fee is currently €113.00. This includes ongoing operating costs and the proportional maintenance reserve. The chargeable costs amount to €1,450.96 annually, and the maintenance reserve is €287.53 annually. The owner's costs that are not deductible are offset by a proportionate surplus from parking spaces. For investors, this property offers a clear and understandable starting point: an existing tenancy agreement, ongoing income, a manageable apartment size, and clearly calculable key figures. The current rental level offers potential for future development, subject to legal and contractual frameworks; any potential rent increase should be assessed separately. Overall, this is a property that is already rented out, generating ongoing rental income, with low administrative complexity and realistic potential for rental growth.

The apartment is located in a well-established residential area in the Schöneberg district of Berlin. The area is primarily residential and offers a quiet living environment with excellent access to public transportation. The Feuerbachstraße S-Bahn station (S1 line) is within walking distance. The S1 line provides connections to the center of Berlin, including via the North-South S-Bahn tunnel, as well as to southwestern Berlin. Potsdam is accessible via the Berlin S-Bahn and regional transport network. A significant advantage of the location is its proximity to Schlossstraße in Berlin-Steglitz. This street is a well-established shopping and service hub in southwestern Berlin, offering a wide range of retail outlets, restaurants, and services, including Boulevard Berlin, Das Schloss, Forum Steglitz, and Schloss-Straßen-Center. Shops for everyday needs, schools, daycare centers, medical facilities, and other infrastructure are located nearby and easily accessible. This location provides a practical and convenient living environment for residents. For investors, the location is particularly attractive due to the established residential environment, the convenient transportation links, and the excellent local amenities. These factors support stable rental income and a clear long-term investment perspective.