Flat for sale 3+1 • 112 m² without real estateWichertstr. 69 Berlin Prenzlauer Berg Berlin 10439

Below is the complete translation of the text marked with the XML tag into English:

Commission-free period – Historic apartment without agency fees featuring 111 m² of living space, two south-facing balconies, and classic early 20th century character in the sought-after Helmholtz-Kiez of Berlin-Prenzlauer Berg.

Commission-free – Investment Property in the Heart of Prenzlauer Berg

111 sqm historic apartment with two southwest balconies.

-- English-speaking and international buyers are welcome --

Further information, documents, and communication in English can be provided upon request.

A valuable Berlin core asset for long-term oriented buyers – ideal for private investors, prospective owner-occupiers, and international investors seeking a euro-based asset investment in an established inner-city location.

The apartment is located on the 4th floor of a well-maintained Jugendstil building built in 1911 and has been stably rented since 1998. It is particularly suitable for long-term investors, prospective owner-occupiers with realistic time horizons, and international buyers seeking a euro-based tangible asset in Berlin.

Investment Key Figures:

- Purchase Price: €810,000

- Living Area: 111 m²

- Rooms: 3

- Floor: 4th floor

- Year Built: 1911

- Net Cold Rent: €773.31 / month

- Annual Net Rent: approx. €9,279

- Current Rent Level: approx. €6.97/m²

- Service Charges: €353 / month (2025)

- Owners’ Association Reserve: approx. €90,123 (as of 12/2024)

- Purchase Price per m²: approx. €7,300

- Buyer’s Commission: 0 %

The apartment is a long-term core asset in an A-micro location: historic building, quality location, apartment size, two balconies, rental reserve, and strategic options for owner-occupancy or exit.

The current rent provides a conservative, stable basis. For long-term oriented buyers, this results in a clearly recognizable rental reserve compared to today’s Berlin market level – with potential for development within the legal framework.

The existing situation is structured, transparent, and well documented. The apartment was converted into condominium ownership in 1998 as part of a division and renovation; any conversion-related lock-in period according to § 577a of the German Civil Code no longer applies.

In case of later owner-occupancy, the regular legal regulations apply, in particular § 573 (2) Nr. 2 of the German Civil Code. Due to the long rental period, the statutory notice period is currently 9 months (§ 573c BGB).

Conclusion

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Secure a strategic core investment in one of the most stable inner-city locations in Germany – with a reliable rental situation, solid building fabric, and clearly demonstrable development potential.

This combination of location quality, substance, and long-term development potential is rarely available on the market in this form.

I will gladly explain further legal and economic details in a personal conversation and provide the relevant documents upon serious interest.

The Wichertstraße is located in the sought-after Helmholtz-Kiez of Berlin-Prenzlauer Berg – just a few steps from Schönhauser Allee and situated in one of the most stable inner-city residential areas in Berlin.

The micro-location combines classic early 20th-century architecture, an established neighborhood character, and excellent infrastructure. Cafés, restaurants, weekly markets, shopping opportunities, schools, kindergartens, medical services, as well as several parks and green spaces are in the immediate vicinity.

Helmholtzplatz, Kollwitzplatz, Arnimplatz, Humannplatz, Falkplatz, and Mauerpark are quickly accessible. The Schönhauser Allee Arcades are only a few minutes’ walk away, comfortably covering daily needs.

The transport connections are excellent: S-Bahn, U-Bahn, tram, and the ring railway station Schönhauser Allee are within walking distance. With the U2 line, Alexanderplatz is reached quickly; Mitte, Hackescher Markt, and Museum Island are also very well connected.

For investors, the location is particularly relevant: Prenzlauer Berg is characterized by consistently high housing demand, a limited supply of comparable historic apartments, and long-term strong rental performance.

For international buyers, there is a clear investment case: central Berlin inner-city location, established infrastructure, historic building stock, high demand, and long-term value stability.

Features:

- 3 rooms / 111 m² living space

- 4th floor

- Year built: 1911

- Ceiling height up to approx. 3.25 m

- Two south/southwest balconies with garden view

- Original wooden floors

- Plaster ceilings

- Daylight bathroom with bathtub

- Built-in kitchen included

- Basement storage room

- Courtyard/garden use

- Central heating

- Energy Class D

- Well-maintained condominium community

- Building with 34 residential units in the front building and two side wings

- Owners’ association protocols and reserve evidence available

Maintenance / Building:

The building has been continuously maintained and modernized over the past decades.

- 1998: Extensive renovation and modernization measures including central heating and hot water supply

- 2000: Conversion of the attic

- 2009: Renovation of the balconies

- 2014: Renovation of the basement ceiling

- 2016: Redesign of the courtyard

The combination of established historic building fabric, ongoing maintenance, and a solid reserve structure reduces the technical risk and strengthens long-term asset value.

Economic Key Data:

- Purchase Price: €810,000

- Net Cold Rent: €773.31 / month

- Annual Net Rent: approx. €9,279

- Current Rent Level: approx. €6.97/m²

- Service Charges: €353 / month (2025)

- Owners’ Association Reserve: approx. €90,123 (as of 12/2024)

Potential & Perspective:

The current rent is set at a conservative, existing level and provides a clearly recognizable rental reserve compared to today’s Berlin market.

- Heritage Protection: no

- Pankow neighborhood protection area

- Sale commission-free directly from the owner

- Sale in rented condition

- Owners’ association documents and reserve evidence available on request

- Energy Certificate: Class D (115.1 kWh/m²a, Gas, consumption certificate)

- Transfer according to agreement

The apartment is suitable as a solid investment for buyers with a medium- to long-term investment horizon. It offers predictable income from acquisition, a well-maintained existing situation, and a comprehensible rental reserve within the legal framework.

For buyers considering long-term owner occupancy or succession planning, the property offers an additional attractive option. The apartment was converted into condominium ownership in 1998 as part of a division and renovation and has remained in the same ownership since then. Thus, the regular legal provisions regarding later owner occupancy apply.

The tenant has been informed about the sales process. The basic perspective of a change of ownership as well as possible later owner occupancy has been discussed openly and transparently. The apartment is sold within the existing rental relationship.

The published purchase price refers to the sale with the existing rental relationship. The value of a comparable vacant apartment in this location is significantly higher, making it a fundamentally strong and development-capable investment in the long run.

International enquiries are welcome. Further documents and communications in English can be provided upon request.

Next Steps:

If you are interested, please send an inquiry with your complete contact details, telephone number, and a brief indication of whether you are considering the apartment as an investment or for prospective owner occupancy.

I will gladly clarify the key points in a short telephone call and, should genuine interest be shown, provide the available documents in an organized manner.

Viewings:

Viewings take place by prior arrangement and upon verifiable purchase intention. As the apartment is rented, viewings are conducted as well-prepared individual appointments. Proof of financing or capital may be requested before confirming an appointment.

Since the owner is currently abroad, viewings are conducted through an authorized representative on site. Contract and price negotiations are carried out exclusively directly with the owner.

Note:

The visualizations of the floor plans are for illustration purposes only. Area and measurement data are approximate. All information has been compiled to the best of our knowledge; the actual condition observed during a viewing and the contractual documents are authoritative.

--- Real estate agent enquiries are expressly not desired. ---