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Apartments / buy / ID S86

Spacious Investment Property in Neukölln – 4-Room Altbau with 116 m²

Rented
395.000 €
116.17 sqm
4
3
1
1
Costs and details
Living space116.17 sqm
Purchase price / sqm3.400 €
Purchase price395.000 €

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Description

This tenanted ground-floor apartment in the front building offers a rare opportunity to acquire a generous Berlin Altbau residence as an investment property. Spread across 116.17 m², the apartment features four living rooms, a separate kitchen, a bathroom, hallway, and storage room. The apartment is in its original, unrenovated condition – offering significant potential for investors looking to add value through targeted modernization.

Ceiling heights of up to 3.65 m, characteristic arched windows, and a classic floor plan reveal the potential of this late 19th-century apartment. The property is currently tenanted with a net cold rent of 1,212.50 €/month.

Particularly noteworthy is the historically restored common property of the building, which gives the house an exceptional presence. The magnificent Jugendstil (Art Nouveau) staircase with its representative historic entrance door sets the tone from the moment of arrival and underlines the unique character of this property. For buyers who value architectural quality and a harmonious overall picture of apartment and building, this is an exceptionally rare opportunity.

The property suits both pure capital investment and a medium-term owner-occupancy strategy: after a statutory blocking period of three years following acquisition, termination for personal use (Eigenbedarfskündigung) becomes possible.

Note: The images shown are digital visualizations and serve to illustrate the apartment. Original photos cannot be provided out of respect for the tenants' privacy. The apartment is currently unrenovated; the visualizations are intended to show its potential. We are happy to advise you on all questions regarding renovation and investment.

Highlights:

  • Four living rooms
  • Ceiling heights up to 3.65 m
  • Characteristic arched windows
  • Separate kitchen with window
  • Bathroom with natural light
  • Storage room within the apartment
  • Unrenovated – significant modernization potential
  • Currently tenanted – net cold rent 1,212.50 €/month
  • Historically restored Jugendstil staircase
  • Representative historic entrance door
  • High-quality restored common property
  • Termination for personal use possible after 3-year blocking period
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Location

This cozy apartment in Elbestraße 36 is located in the vibrant district of Neukölln, one of Berlin’s most dynamic and multicultural areas. The street offers a peaceful residential atmosphere while being just steps away from boutique cafés, international restaurants, local shops, and markets, reflecting the neighborhood’s diverse character.

The location is perfect for those who value mobility and convenience, with nearby U-Bahn and S-Bahn stations and multiple bus lines ensuring quick access to the entire city. Additionally, the A100 highway provides excellent connectivity for drivers. Families will appreciate the variety of bilingual schools, kindergartens, and a well-developed infrastructure, ensuring a high quality of life.

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General information

Living space
116.17 sqm
Year of Construction
1920
Balcony
1
Number of floors
5
Floor
EG
Number of rooms
4
Bedroom
3
Living room
1
Bathrooms
1
State
unrenovated

Power and heating

Energy certificate
Yes
Energy certificate type
Needs assessment
Energy source
district heating
Heating type
central heating
Energy-efficiency class
D
Characteristic value
119 kWh/qma
Year of construction
1920

Costs and prices

Purchase price per sqm

3.400 €

House fees

380 €

Purchase price

395.000 €

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1/16
Heller Wohnraum aus seitlicher Perspektive
Weiterer Raum mit hoher Altbaudecke
Wohnraum mit Austritt und aufgearbeiteten Dielen
Blick durch Wohnraum
Zimmer mit zwei Rundbogenfenstern
Wohnraum mit großen Fenstern
Separate Küche mit Fenster
Flur mit Deckenstrahlern und Türen
Tageslichtbad mit Badewanne und Waschtisch
Jugendstil-Treppenhaus
Edle Jugendstil Holzvertäfelung
Balkon mit Blick in die begrünte Straße
Ausblick vom Balkon auf Altbauten und Bäume
Fassadenansicht
Heller Wohnraum aus seitlicher Perspektive
Weiterer Raum mit hoher Altbaudecke
Wohnraum mit Austritt und aufgearbeiteten Dielen
Blick durch Wohnraum
Zimmer mit zwei Rundbogenfenstern
Wohnraum mit großen Fenstern
Separate Küche mit Fenster
Flur mit Deckenstrahlern und Türen
Tageslichtbad mit Badewanne und Waschtisch
Jugendstil-Treppenhaus
Edle Jugendstil Holzvertäfelung
Balkon mit Blick in die begrünte Straße
Ausblick vom Balkon auf Altbauten und Bäume
Fassadenansicht
Purchase price395.000 €
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