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No commission | Multi-family house with district heating in a trendy neighborhood.

12043 Berlin (Neukölln)
1.375.000 €
620.71 m²
Living Area
498 m²
Plot Area
Apartment building or investment property
Apartment building

The property at Wilhelm-Busch-Straße 21 is a fully occupied multi-family building built in 1964, comprising twelve apartments spread across six floors. Situated on a 498 m² plot, it offers a total rental area of approximately 620 m². The apartment sizes range from 35 m² to 69 m², precisely meeting the dominant demand in the area.

A distinctive feature of this well-maintained building is that all apartments have balconies – a characteristic that is far from standard for buildings of this era and significantly enhances its rental appeal. An elevator provides access to all floors. The current annual net cold rent is €68,114, with existing rents starting at €6.49/m², offering potential for future increases. Heating is provided via district heating, and the distribution station dates back to 2006.

Are you interested in this offer?

Object Number
OM-489449
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.375.000 €
Purchase additional costs
approx. 98,867 €
Total costs
approx. 1,473,866 €
Price per m²
2,215.21 €

Breakdown of Costs

Purchase price 1.375.000 €
Real estate transfer tax 82,500 € (6.00%)
Notary costs 10,829 € (0.79%)
Land register entry 5,538 € (0.40%)
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: 5,518€

More accuracy in a few seconds:

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 4.02%

Details

Condition
Well-kept
Number of floors
6
Total area
620.7 m²
Net rental income (target) p.a.
68113 €
Net rental income (actual) p.a.
68113 €
X-times rental income
20.19
Number of units
12
Heating
Central heating
Year of construction
1964
Equipment
Balcony, Elevator, Barrier-free
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The property is located in the Neukölln district, the urban center of the similarly named borough. In recent years, this neighborhood has developed into one of Berlin's most desirable residential areas, characterized by a vibrant culinary and cultural scene, the Landwehr Canal, and numerous green spaces.

Public transportation links are excellent: bus lines 171 and M41, as well as the Karl-Marx-Straße subway station (U7), are within a few minutes' walk, providing access to the entire city. The Buschkrugallee highway entrance (A100) is approximately ten minutes away by car.

All essential shops, doctors, schools, and kindergartens are located in the immediate vicinity. Restaurants, bars, and clubs, just a few minutes away, make this location particularly attractive to young tenants.

The nearby Tempelhofer Feld – Berlin's largest open space on the site of the former airport – offers opportunities for jogging, cycling, skating, barbecuing, or simply relaxing in the sun. The combination of a central location, short distances, and a high quality of life ensures the continued high demand for rental apartments in this area.

Location Check

Sports
Eating Out
Shopping
Culture
Public Transport
Nightlife
Health
Child Friendliness
Nature

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
Consumption certificate
Main energy source
District heating
Energy consumption value
159.00 kWh/(m²a)
Energy consumption for hot water included

Miscellaneous

Real estate agent inquiries are expressly not welcome. This offer comes directly from the owner. Only qualified inquiries with a phone number, email address, and complete contact information will be processed.

EM Real Estate GmbH
Kurfürstendamm 185
10707 Berlin

Tel: +49 30 610 820 031
Registered Office: Berlin, Managing Director: Jakob Mähren
Charlottenburg District Court (HRB 221938 B)

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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