Flat for sale 2 bedroom • 64 m² without real estateLentzeallee 6 Berlin Schmargendorf Berlin 14195

For sale is a rented 2-room condominium with approximately 64.39 m² of living space on the ground floor of a well-kept multi-family house built in 1971 – featuring a balcony, renovated bathroom, private basement storage room, and a parking space in the courtyard.

The layout is well thought-out and highly functional: two rooms, a hallway, a kitchen, and a renovated bathroom. The balcony extends the living space outdoors, and the private basement storage room provides additional storage. The apartment also includes a parking space in the courtyard – a significant advantage in this location, which can also be rented out separately in the event of a future new lease.

The apartment is located in Berlin-Schmargendorf, right on the border of Dahlem – one of the quietest and most stable residential areas in southwest Berlin. The surroundings are characterized by well-maintained residential buildings, abundant greenery, and an exceptionally tranquil living environment away from through traffic.

Connectivity is nevertheless excellent: Breitenbachplatz, with its U-Bahn (U3), bus lines, and local shops, is within walking distance, and the city motorway A100 can be reached within minutes by car. The Free University, the Botanical Garden, and the Grunewald forest are in the immediate vicinity.

It is precisely this mix that ensures permanently stable rental demand: students and university staff, professionals who need quick access to the city center, and seniors who appreciate the quiet location. Shops, doctors, pharmacies, and cafés can be found around Breitenbachplatz and in the center of Schmargendorf.

• 2 rooms, hallway, kitchen, renovated bathroom

• Balcony

• Private basement storage room

• Parking space in the courtyard (included in the purchase price)

• Ground floor

• Central heating and hot water supply

• Built in 1971, well-kept multi-family house

• Condominium ownership, managed by a homeowners’ association

Economic Key Data:

The apartment has been rented since June 2022, the tenancy has been smooth, and the rental income is thoroughly documented. The current rent amounts to €980 per month as a flat rate including operating costs, heating, and parking space; the calculated net cold rent portion is approximately €600–660 per month.

In the event of a new rental agreement, according to the Berlin Rent Index 2026 (good residential area, building age class 1965–1972) and taking into account the features that increase the property’s value – renovated bathroom, balcony, basement, quiet location, and parking space – a net cold rent of around €630–680 can be achieved. The parking space can then be rented out under a separate contract (market typical €50–80 per month) and is subject to neither the rent index nor rent brakes. Altogether, a potential yield of around €690–740 net cold per month, or approximately €8,300–8,900 per year, can be achieved.

Purchase Price: €290,000 in total, of which €260,000 is for the apartment (approximately €4,037 per m²) and €30,000 for the parking space. Both units are exclusively sold together.