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

Investment Property in the Heart of Prenzlauer Berg

111 sqm Historic Apartment with Two Southwest Balconies

Exposé: https://www.ohne-makler.net/immobilie/file/1580715/

– For more information in English please contact us –

A Period Charm in the Helmholtz-Kiez – An Investment with Style

This spacious and exclusive 3-room historic apartment with approximately 111 m² of living space is located on the 4th floor of an exceptionally beautiful and well-maintained Jugendstil building from 1911 at Wichertstraße 69, 10439 Berlin.

It is situated in one of Berlin’s most desirable “scene” quarters, the Helmholtz Kiez in Prenzlauer Berg! With cafés, restaurants, and green parks inviting you to relax, the location is a dream for those seeking adventure and enjoyment! You couldn’t get more central: in 12 minutes you can be at Alexanderplatz via the U2.

The apartment was comprehensively renovated in 1998 and combines the charm of classic Berlin old building culture – ornate plaster, wooden floorboards, high ceilings – with a clear, practical layout.

A special highlight is the pair of southwest-facing balconies that bathe the living area in sunlight and fresh air all day long. Additionally, you can enjoy nature and relax in the green inner courtyard garden. Thanks to its 4th-floor setting, it is very bright and relatively quiet. All living rooms feature beautiful original wooden floorboards. High ceilings and large windows provide the apartment with typical charm. Both the living room and the bedroom boast stylish original stucco ceilings.

The daylight bathroom with a bathtub, a fitted kitchen, and a private basement room offer additional comfort. All rooms, the kitchen, and the bathroom are accessible from the hallway.

The entire property is currently in excellent condition, thanks to the proactive homeowners’ association. The building comprises a total of 34 residential units in a front building and two side wings.

The apartment is offered privately – commission and broker fees free.

Why this property?

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A period gem in the Helmholtzplatz-Kiez: This apartment combines the character of the Gründerzeit with a solid investment profile.

For investors, it means: solid structure, excellent location, stable tenancy – and considerable potential for development.

-> For long-term investors: A safe store of value in one of Berlin’s most coveted residential areas.

-> For family offices & private investors: The low initial rent gradually offers opportunities to increase yields.

-> For owner-occupiers: Parents or individuals planning to live there later secure a rare apartment in a prime location today.

This combination makes the apartment an investment object with both heart and mind – secure in the present, full of potential for the future.

Since this is a high-quality, long-term let investment property in one of Berlin’s most sought-after locations, viewings are conducted strictly by individual appointments (maximum two parties).

A prerequisite for scheduling an appointment is a currently valid proof of financing or capital, ensuring the exclusivity and seriousness of interested parties.

Wichertstraße is located in the desirable Helmholtzplatz-Kiez of Prenzlauer Berg, just a few steps from Schönhauser Allee – one of Berlin’s most coveted micro-locations.

• Prenzlauer Berg in northeastern Berlin is certainly one of the most sought-after districts in the capital.

• Stylish pre-war buildings, trendy restaurants, cafés, bars as well as various parks and green spaces characterize this inner-city quarter.

• In addition, there is excellent infrastructure.

• Culturally, this area offers opportunities like no other district in the city.

• Whether it’s improv comedy, theater or a show: two cinemas within walking distance, numerous small stages, exhibitions and galleries provide a variety of entertainment and change.

• Educational institutions of all disciplines and levels, as well as centers for medical care, are likewise available.

• The apartment is located very near Helmholtzplatz.

• The weekly markets there and at Kollwitzplatz are especially popular and accessible via tree-lined streets through the Kiez.

• In the immediate vicinity, you will find numerous shopping opportunities and service providers.

• It is hardly a ten-minute walk to the popular Kastanienallee.

• The property is excellently connected to Berlin’s city center via tram as well as S- and U-Bahn. Public transport connection: train, S-Bahn, U-Bahn, tram | Schönhauser Allee (approx. 2 minutes on foot).

Description

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The representative apartment is located in Prenzlauer Berg, right in the middle of the trendy Helmholtz Kiez – one of the most desirable and charming residential areas, featuring beautiful pre-war buildings, cafés, bars, restaurants, and parks, with many young families from around the world. Prenzlauer Berg is the largest Gründerzeit old building area in Germany. The district is characterized by picturesque squares and streets. Here, everything is truly within reach: whether it’s a walk in the park, a cappuccino at your favorite café, a beer at the trendy pub, shopping at the organic store, or dinner at the Italian restaurant next door. Schools, kindergartens, and medical centers are all within walking distance. Also just a few minutes on foot is the Berlin Schönhauser Allee train station. From there, you can be at Alexanderplatz or Potsdamer Platz in no time. A little-known tip for children is the Felicio Puppet Theatre, only 300 meters away. In the immediate vicinity, you will also find Arnimplatz, Humannplatz, and Helmholtzplatz. In less than a 5-minute walk, you can reach the Schönhauser Allee Arcades, where all daily necessities are available. For jogging in the park, walks, or a picnic, both Falkplatz and Mauerpark are nearby. At the same time, the connection to the city center is unsurpassed – in 12 minutes you can be at Alexanderplatz via the U2, and the Schönhauser Allee ring station is only a stone’s throw away. In addition, you can quickly reach Hackescher Markt and Museum Island by bicycle along the well-developed bike path on Schönhauser Allee.

Features

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- 3 rooms / 111 m² living space on the 4th floor

- Built in 1911, well-maintained condition

- Ceiling height up to 3.25 m

- Two southwest balconies with garden view

- Inner courtyard garden

- Original wooden floorboards and stucco ceilings

- Daylight bathroom with bathtub

- Fitted kitchen included

- Basement storage room

- Central heating (gas), Energy class D

- Well-maintained homeowners’ association (WEG), protocols & reserve fund documentation available

Maintenance

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- In 1998, extensive renovation and modernization work was carried out on the property, including the installation of a new central heating system and hot water supply via district heating.

- In 2000, the attic was converted,

- In 2009, the balconies were renovated,

- In 2014, the basement ceiling was renovated, and

- Finally, in 2016, the courtyard was redesigned.

Economic Data

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- Purchase price: €749,000

- Net cold rent: €743.31/month (≈ €6.70/m²)

- Monthly service charge: €353

- Annual rent: €8,919

Fortunately, the maintenance reserve is exceptionally high, so even major future expenses can be covered by the WEG’s savings. At the end of 2024, the maintenance reserve amounted to approximately €90,123.

Potential & Perspective

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- Initial rent adjustment potential: +15% possible

-- Rent index 2024/2025 (built in 1911, good location): realistically €11.0–12.5/m².

-- Currently: €6.70/m² → approximately 45–55% below the comparative rent.

-- Berlin’s rent cap: +15% already possible → next increase approximately +€112/month.

-- Within 6 years: increase to ~€983/month.

- Long-term market potential: €16/m² is realistic

-- Long-term on new letting: realistically €1,665–1,890/month.

- No monument protection, but located in the Pankow preservation district.

- Maintenance reserve and WEG protocols available upon request.

- The energy certificate shows Energy Class D (115.1 kWh/m²a, gas, consumption-based certificate)

- Transfer by prior agreement

- Privately offered – no buyer commission!

Contact Requests

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Please note that only inquiries with complete contact details can be answered promptly (approximately 1–2 days).

If you contact by phone, please leave a voice message with your name, phone number, and availability.

Viewings

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For a viewing, a genuine interest, proof of creditworthiness, and a reasonable commitment are required. All appointments are arranged online on a binding basis.

Disclaimer

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The floor plan visualizations are for illustration purposes only. Area and dimension figures are approximate. The plans and size information are based on the available documents.

All information regarding this apartment has been compiled to the best of our knowledge and belief. The actual condition observed during the viewing and the measurements taken at the time of handover constitute the exclusive contractual basis.