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

# Viewings on Thursday, 06.08.2026 starting at 6:00 PM – only with confirmed registration! #

Commission-free 111 m² pre-war apartment in the Helmholtz-Kiez of Berlin-Prenzlauer Berg – featuring two south/southwest facing balconies, classic Gründerzeit character, and secure tenancy since 1998.

The apartment is aimed at buyers with a medium- to long-term perspective. The investment case is based on quality, prime micro-location, rental reserve, and a strategic owner-occupancy option.

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

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

111 sqm Historic Apartment with Two Southwest Balconies.

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

## Property and Structure

This spacious 3-room pre-war apartment with approximately 111 m² of living space is located on the 4th floor of a well-maintained Jugendstil building built in 1911 at Wichertstraße 69, 10439 Berlin.

The apartment combines classic Berlin old building quality with a clear, long-term functional room layout: high ceilings, original wooden floors, stucco details, a daylight bathroom, fitted kitchen, storage room in the basement, as well as two south/southwest facing balconies and a communal green courtyard.

The building has been continuously maintained and modernized over the past decades. The condominium community is well-managed, with a reserve fund of approximately €105,258 as of 12/2025.

The sale is commission-free and made directly by the owner.

## Tenancy and Prospects

The apartment has been stably rented since 1998 and is in a well-organized, transparent existing condition. Rental payments are made reliably, the apartment is very well maintained, and the tenant has been informed about the sales process.

The apartment is currently occupied by a single person. The current rent serves as a conservative baseline with a clearly recognizable rental reserve within the legal framework.

The apartment was converted into condominium ownership in 1998 as part of a division and renovation process and has remained in the same ownership since then. Any conversion-related lock-up period pursuant to § 577a of the German Civil Code (BGB) no longer applies.

For later owner-occupancy, the regular legal regulations apply. Due to the long tenancy, the current legal notice period is 9 months (§ 573c BGB).

## Investment Key Figures

- Purchase price: €793,000

- 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

- Monthly service charge: €353 (2025)

- Reserve fund: approx. €105,258 (as of 12/2025)

- Purchase price per m²: approx. €7,117

- Buyer’s commission: 0%

The current rent level is below that of comparable apartments in this area. This creates medium- to long-term development potential within the legal possibilities.

The purchase price reflects the sale under the existing tenancy. The long-term perspective arises from the location quality, old building character, rental reserve, and strategic owner-occupancy option.

## Conclusion

A strategic portfolio investment in one of Berlin’s most stable inner-city locations – featuring reliable tenancy, solid construction, and clearly traceable development potential.

I am happy to explain further legal and economic details in a personal meeting and to provide the corresponding documentation in an organized manner upon serious interest.

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

The micro-location combines classic Gründerzeit architecture, an established neighborhood character, and excellent infrastructure. Cafés, restaurants, weekly markets, shopping options, schools, daycares, medical services, as well as several parks and green spaces are found 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 and comfortably cover daily needs.

Transportation is excellent: the S-Bahn, U-Bahn, tram, and Ringbahn station at Schönhauser Allee are within walking distance. With the U2, Alexanderplatz can be reached quickly; likewise, Mitte, Hackescher Markt, and Museum Island are very well connected.

For investors, the location is particularly relevant: Prenzlauer Berg stands for consistently high housing demand, a limited supply of comparable pre-war apartments, and long-term strong rentability.

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

## Features

- 3 rooms / 111 m² living area

- 4th floor

- Year built 1911

- Ceiling height up to approx. 3.25 m

- Two south/southwest facing balconies with garden views

- Original wooden floors

- Stucco ceilings

- Daylight bathroom with bathtub

- Fitted kitchen included

- Storage room

- Use of courtyard/garden

- Central heating

- Energy rating D

- Well-managed condominium community

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

- Minutes of the condominium meetings and reserve fund documentation 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 preparation

- 2000: Conversion of the attic

- 2009: Renovation of the balconies

- 2014: Renovation of the basement ceiling

- 2016: Redesign of the inner courtyard

## Economic Key Data

- Net cold rent: €773.31 / month

- Annual net rent: approx. €9,279

- Current rent level: approx. €6.97/m²

- Monthly service charge: €353 (2025)

- Reserve fund: approx. €105,258 (as of 12/2025)

The combination of matured pre-war building character, ongoing maintenance, and a solid reserve structure reduces technical risk and strengthens long-term value retention.

- Listed building protection: no

- Pankow neighborhood protection zone

- Sale is commission-free directly from the owner

- Sale in rented condition

- Documents from the condominium association and reserve fund proofs are available upon request

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

- Transfer of ownership by agreement

The apartment is well-suited as a solid capital investment for buyers with a medium- to long-term investment horizon. It offers predictable income from the start, a well-maintained property, and a clearly traceable rental reserve within the legal framework.

The tenant has been informed about the sales process. The basic perspective of an ownership change and a possible later owner-occupancy has been discussed openly and transparently. The apartment is sold under the existing tenancy.

## Next Step

If interested, please send an inquiry with complete contact details, telephone number, and a brief note on whether you are considering the apartment as an investment or with a view to eventual owner-occupancy.

We will provide the floor plan, exposé, and the information relevant for an initial purchase review in a targeted manner after a brief personal exchange. This way, the property, perspective, and any open questions can be efficiently assessed.

## Viewing

Viewings are arranged by prior agreement and upon demonstration of a serious purchase intent. As the apartment is rented, viewings will be 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 will be conducted by an authorized representative on site. Contract and price agreements are made exclusively directly with the owner.

## Notes

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

--- Real estate agent inquiries are expressly not wanted. ---