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

# Viewings on Thursday, August 20, 2026 from 6:00 p.m. – only with confirmed registration! #

Commission-free 111 sqm period apartment in Berlin-Prenzlauer Berg’s Helmholtz-Kiez – featuring two south/southwest balconies, classic Gründerzeit character, and stable tenancy since 1998.

The apartment is aimed at buyers with a medium- to long-term horizon. The investment case lies in its substance, prime micro-location, rental reserve, and 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 Substance

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

The apartment combines classic Berlin period quality with a clear, long-term functional room layout: high ceilings, original wooden floorboards, stucco elements, a daylight bathroom, fitted kitchen, storage room, as well as two south/southwest balconies and a green inner courtyard available for communal use.

The building has been continuously maintained and modernized over recent decades. The owners’ association is well-looked after, with the reserve fund at approximately €105,258 as of 12/2025.

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

## Tenancy Situation and Outlook

The apartment has been stably rented since 1998 and is in an orderly, transparent condition. Rent payments are reliably made, the apartment is very well maintained, and the tenant has been informed about the sales process.

The apartment is effectively used by a single tenant. The current rent provides a conservative baseline with a clearly recognizable rental reserve within the legal framework.

The apartment was converted into condominium ownership as part of the division and renovation process in 1998 and has remained under the same ownership ever since. Any conversion-related blocking period under § 577a of the German Civil Code no longer applies.

For later owner-occupancy, the regular legal provisions apply. Due to the long tenancy, the statutory notice period currently amounts to 9 months (§ 573c BGB).

## Investment Key Figures

- Purchase Price: €783,000

- Living Area: 111 sqm

- Rooms: 3

- Floor: 4th floor

- Year Built: 1911

- Net Cold Rent: €773.31 / month

- Annual Net Rent: approx. €9,279

- Current Rent: approx. €6.97/sqm

- Monthly Service Charge: €353 (2025)

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

- Purchase Price per sqm: approx. €7,027

- Buyer’s Commission: 0 %

The current rent is below the level 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 is derived from the location quality, period substance, rental reserve, and strategic owner-occupancy option.

## Conclusion

A strategic portfolio investment in one of the most stable inner-city locations in Berlin – with reliable tenancy, solid property condition, and clearly understandable development potential.

Further legal and economic details will be gladly explained in a personal meeting, and the corresponding documents will be provided in a structured 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 situated in one of Berlin’s most value-stable inner-city residential areas.

The micro-location combines classic Gründerzeit architecture, a well-established neighborhood structure, and excellent infrastructure. Cafés, restaurants, weekly markets, shopping opportunities, schools, daycares, medical services, and 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 and conveniently cover daily needs.

The transportation network is excellent: S-Bahn, U-Bahn, tram, and the ring railway station Schönhauser Allee are all within walking distance. The U2 takes you to Alexanderplatz in a short time; Mitte, Hackescher Markt, and the Museum Island are also very well connected.

For investors, the location is particularly significant: Prenzlauer Berg stands for permanently high demand for residential space, a limited supply of comparable period apartments, and long-term strong rental viability.

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

## Features:

- 3 rooms / 111 sqm of living space

- 4th floor

- Year Built 1911

- Ceiling height up to approx. 3.25 m

- Two south/southwest balconies with garden views

- Original wooden floorboards

- Stucco ceilings

- Daylight bathroom with bathtub

- Fitted kitchen included

- Storage room

- Shared inner courtyard/garden

- Central heating

- Energy Class D

- Well-maintained owners’ association

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

- Owners’ association protocols and reserve fund proof available

## Maintenance / Building:

The building has been continuously maintained and modernized over recent decades.

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

- 2000: Attic expansion

- 2009: Renovation of the balconies

- 2014: Renovation of the cellar ceiling

- 2016: Redesign of the inner courtyard

## Economic Key Data:

- Net Cold Rent: €773.31 / month

- Annual Net Rent: approx. €9,279

- Current Rent: approx. €6.97/sqm

- Monthly Service Charge: €353 (2025)

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

The combination of a time-honored period property, ongoing maintenance, and a solid reserve structure minimizes technical risk and strengthens long-term asset value.

- Heritage protection: No

- Pankow neighborhood protection area

- Sale commission-free directly by the owner

- Sale in rented condition

- Owners’ association documents and reserve fund proofs available upon request

- Energy Certificate: Class D (115.1 kWh/sqm*a, Gas, consumption certificate)

- Handover by agreement

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

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

## Next Steps:

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

We will provide the floor plan, exposé, and the relevant information for an initial purchase evaluation after a short personal exchange. This way, the property, outlook, and any open questions can be efficiently clarified.

## Viewing:

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

Since the owner is currently abroad, viewings will be conducted by an authorized representative on site. Contract and price negotiations are conducted exclusively directly with the owner.

## Notes:

The visualizations of the floor plans are for illustration purposes only. The figures provided for area and dimensions are approximate. All information has been compiled to the best of our knowledge; the actual condition viewed and the contractual documents are decisive.

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