Flat for sale 3+1 • 70 m² without real estateBerlin Moabit Berlin 10557

4 apartments in a multi-family building in central Berlin Moabit, not far from the main train station and government quarter, for purchase as a package. These are currently rented to tenants aged 85–95, whose tenancies began many decades ago. Each apartment is approximately 70 m² in size and includes 3 rooms. The apartments are located on the 1st, 2nd, 3rd, and 4th floors respectively. Each apartment has its own privately owned basement.

Thus, you are buying apartments that have a real possibility of eventually becoming vacant, all for the price of rented apartments. This is the first sale following the subdivision. The apartments could be purchased and later sold again vacant (either unrenovated or renovated), or completely refurbished and offered at the free-market rental rate.

The rents have been increased and will together amount to approximately €28,000 per year in the future.

The apartments are situated in the lively and central Moabit district. Each apartment has a balcony and the building is equipped with an elevator. There are parking spaces behind the building that are currently available for free use. A decision regarding renting out can be made by the condominium association.

The roof area might, under certain circumstances, be available for additional purchase.

An expansion of the attic could enlarge the condominium association, spreading the operating costs among more owners and further lowering them. The building has undergone energy-efficient renovations—new external insulation has been installed, new windows have been fitted, and it is connected to district heating.

The apartments are furnished in a manner corresponding to the age of the tenants, but are in good condition.

Efforts are being made to enable viewings of all apartments. However, this is notoriously difficult to organize with such rented properties. Professional buyers should be familiar with this type of property.

This building has been held, maintained, and developed over many years. The property management is pleasant and professional.

No inquiries from brokers.

Further details are available upon contact. A financial statement is welcome. Individual sales can be arranged upon consultation.