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

# Viewings on 10.09 and 17.09.2026 from 6:00 PM – Only with confirmed appointment! #

Commission-free 111 m² historic apartment in the Helmholtz-Kiez of Berlin-Prenzlauer Berg – featuring two south/southwest balconies, classic early-1900s character, and stable tenancy since 1998.

The apartment is aimed at buyers with a medium- to long-term investment horizon. The investment case is based on its substance, prime micro-location, rental reserve, and strategic option for self-use.

## 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 historic apartment with approximately 111 m² of living area is located on the 4th floor of a well-maintained Jugendstil building from 1911 at Wichertstraße 69, 10439 Berlin.

The apartment combines classic Berlin altbau quality with a clear, long-term functional layout featuring:

• high ceilings,

• original wooden floorboards,

• stucco elements,

• a daylight bathroom,

• fitted kitchen,

• storage room,

• two south/southwest balconies, and

• a green inner courtyard available for communal use.

The building has been continuously maintained and modernized over the past decades. The homeowners’ association is well-managed, with the reserve fund amounting to approximately €105,258 as of 12/2025.

The sale is commission-free and directly from the owner.

## Rental Situation and Perspective

The apartment has been stably rented since 1998 and is in a well-organized, transparent existing condition. Rent payments are reliable, the apartment is very well cared for, and the tenant is informed about the sales process.

The apartment is currently occupied by a single individual. The current rent represents a conservative starting point with a clearly recognizable rental reserve within the legal framework.

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

For future self-use, the regular legal provisions apply. Due to the long-term tenancy, the current statutory notice period is 9 months (§ 573c BGB).

## Investment Key Figures

• Purchase Price: €783,000

• Living Area: 111 m²

• Rooms: 3

• Floor: 4th floor

• Year of Construction: 1911

• Net Rent: €743.31 per month

• Separate Surcharge: €30.00 per month (not part of the net rent)

• Annual Net Rent: €8,919.72

• Net Rent per m²: approximately €6.67/m²

• House Charge: €353 per month (2025)

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

• Purchase Price per m²: approx. €7,027

• Buyer Commission: 0%

The current rent is below the level of similar apartments in the area, resulting in medium- to long-term development potential within the framework allowed by law.

The purchase price reflects the sale under the existing tenancy. The long-term outlook is supported by location quality, historic property substance, rental reserve, and the strategic self-use option.

## Conclusion

A strategic investment in one of Berlin’s most stable inner-city locations – with a reliable rental situation, solid property quality, and clearly understandable development potential.

I am happy to explain further legal and economic details in a personal conversation and will provide the corresponding documents in an organized fashion upon serious interest.

Wichertstraße is located in the highly sought-after Helmholtz-Kiez of Berlin-Prenzlauer Berg – just a few steps from Schönhauser Allee and, therefore, in one of the most resilient inner-city residential locations in Berlin.

The micro-location combines classic Gründerzeit architecture, a well-established neighborhood character, and excellent infrastructure. Cafés, restaurants, weekly markets, retail options, schools, daycares, medical facilities, as well as several parks and green spaces are in close proximity.

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

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

For investors, the location is especially relevant: Prenzlauer Berg stands for persistently high housing demand, a limited supply of similar historic apartments, and strong long-term rental prospects.

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

## Features

• 3 rooms / 111 m² living area

• 4th floor

• Year of construction: 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

• Access to inner courtyard/garden

• Central heating

• Energy Class D

• Well-managed homeowners’ association

• Building with 34 residential units in the main building and two side wings

• Homeowners’ meeting protocols and proof of reserves available

## Maintenance / Building

The building has been continuously maintained and modernized over the 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 cellar ceiling

• 2016: Redesign of the inner courtyard

## Economic Key Data

• Net Rent: €743.31 per month

• Separate Surcharge: €30.00 per month (not part of the net rent)

• Annual Net Rent: €8,919.72

• Net Rent per m²: approx. €6.67/m²

• House Charge: €353 per month (2025)

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

The combination of a well-established historic property, ongoing maintenance, and a solid reserve structure reduces technical risks and strengthens long-term value retention.

• Listed Building: No

• Pankow Conservation Zone

• Sale is commission-free directly from the owner

• Sale in rented condition

• Homeowners’ documents and reserve proofs available upon request

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

• Transfer of ownership by arrangement

The monthly net rent is €743.31. In addition, a separate monthly surcharge of €30.00 is paid; this is not part of the net rent.

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

The tenant has been informed about the sales process. The prospect of an ownership change as well as potential future self-use has been discussed openly and transparently. The apartment is sold with the existing tenancy.

## Next Step

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 for potential self-use.

We will provide the floor plan, exposé, and the relevant information for an initial purchase assessment after a brief personal discussion. This enables efficient evaluation of the property, its potential, and any open questions.

## Viewings

Viewings are conducted by prior arrangement and subject to a demonstrable purchase intent. As the apartment is rented, viewings are arranged as well-prepared individual appointments. Proof of financing or capital may be requested before confirming a viewing.

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

## Notes

The floor plan illustrations are for demonstration purposes only. Area and dimension figures are approximate. All information has been compiled to the best of our knowledge; the actual condition observed during viewings and the contractual documents are decisive.

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