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/

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Historical Gem in the Helmholtz-Kiez – Investment Property with Style

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

It is situated in one of Berlin’s most sought-after trendy neighborhoods—the Helmholtz Kiez in Prenzlauer Berg! With its cafés, restaurants, and green parks inviting relaxation, the location is a dream for both the active and the discerning. You couldn’t ask for a more central location: in 12 minutes, you can reach Alexanderplatz by U2.

The apartment was comprehensively renovated in 1998 and combines the charm of classical Berlin period architecture—ornate stucco, original wooden floorboards, high ceilings—with a clear and functional layout.

A special highlight is the pair of balconies facing southwest, which flood the living area with sunlight and fresh air throughout the day. In addition, you can enjoy nature and relaxation in the green courtyard garden. Thanks to its position on the 4th floor, the apartment is very bright and relatively quiet. All living rooms feature beautiful original wooden floorboards. High ceilings and large windows add to the typical charm of the apartment, and both the living room and bedroom boast stylish traditional stucco ceilings. The daylight bathroom with bathtub, fitted kitchen, and private cellar room offer additional comfort. All rooms, the kitchen, and the bathroom are accessible from the hallway.

The entire building is currently in excellent condition, which can be attributed to the proactive homeowners’ association. The building consists of 34 residential units housed in a front building and two side wings.

The apartment is offered privately and is free of any commission or brokerage fees.

Why This Property?

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

For investors, it means: sturdy construction, an excellent location, a stable tenancy—and significant potential for further development.

→ For long-term investors: a safe store of value in one of Berlin’s most desirable residential areas.

→ For family offices and private investors: the low initial rent gradually creates room for yield improvement.

→ For those considering owner-occupancy: parents or private individuals planning to live there later secure a rare apartment in a prime location today.

This combination makes the property an investment with both heart and sense—secure for the present and full of potential for the future.

Because this is a high-quality, long-term leased investment property in one of Berlin’s most attractive areas, viewings are conducted exclusively by individual appointments (with a maximum of two parties per viewing).

A current, valid proof of financing or capital is required to schedule an appointment, ensuring the exclusivity and seriousness of interested parties.

Wichertstraße is located in the coveted Helmholtzplatz-Kiez of Prenzlauer Berg, just a few steps from Schönhauser Allee—a truly sought-after micro-location in Berlin.

• Prenzlauer Berg, in the northeast of Berlin, is undoubtedly one of the most popular districts of the capital.

• Elegant old buildings, trendy restaurants, cafés, and bars, as well as numerous parks and green spaces, define this urban neighborhood.

• Excellent infrastructure abounds.

• Culturally, this area offers more possibilities than any other district in the city.

• Whether it’s improv comedy, theater, or a live show: two cinemas within walking distance, several small theaters, exhibitions, and galleries provide a wealth of entertainment and variety.

• Educational institutions of all disciplines and levels, as well as medical care centers, are easily accessible.

• The apartment is located very near Helmholtzplatz.

• The weekly markets at Helmholtzplatz and Kollwitzplatz are particularly popular and are accessible via tree-lined streets throughout the neighborhood.

• Numerous shopping and service options are available in the immediate vicinity.

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

• With connections via tram, S-Bahn, and U-Bahn, the property is excellently linked to Berlin’s city center. Public transport connections include train, S-Bahn, U-Bahn, and tram at Schönhauser Allee (about a 2-minute walk).

Description

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The representative apartment is located in Prenzlauer Berg, right in the heart of the trendy Helmholtz Kiez—one of the most desirable and charming residential areas featuring beautiful old buildings, cafés, bars, restaurants, and parks filled with young families from around the world. Prenzlauer Berg is Germany’s largest Gründerzeit legacy area. The district is characterized by picturesque squares and charming streets. Here, everything you could wish for is right at your doorstep: whether it’s a stroll in the park, a cappuccino at your favorite café, a beer at a trendy pub, shopping at the organic grocery, or dinner at the nearby Italian restaurant. Schools, kindergartens, and medical care centers are all within walking distance. Additionally, the Berlin Schönhauser Allee station is just a few minutes on foot. From there, you can quickly reach Alexanderplatz or Potsdamer Platz. A hidden gem for children is the Felicio Puppet Theatre, located only 300 meters away. In the immediate vicinity, you will also find Arnimplatz, Humannplatz, and Helmholtz Platz. In less than five minutes on foot, you can reach the Schönhauser Allee Arcades, where all daily needs are met. For jogging in the park, leisurely walks, or a picnic, even Falkplatz and Mauerpark are directly accessible. Outstanding connectivity to the city center is another highlight—just 12 minutes by U2 to Alexanderplatz, and the Schönhauser Allee ring station is only a stone’s throw away. Moreover, 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 of living space on the 4th floor

- Built in 1911, in a well-maintained condition

- Ceiling heights up to 3.25 m

- Two southwest-facing balconies with garden views

- Courtyard garden

- Original wooden floorboards and stucco ceilings

- Daylight bathroom with bathtub

- Fitted kitchen included

- Private cellar room

- Central heating (gas), Energy Class D

- Well-managed homeowners’ association with meeting minutes and 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 production via district heating.

- In 2000, the attic was converted.

- In 2009, the balconies were renovated.

- In 2014, the cellar ceiling was renovated.

- In 2016, the courtyard was redesigned.

Economic Data

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- Purchase price: €749,000

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

- Monthly service charge: €353

- Annual rent: €8,919

The maintenance reserve is fortunately exceptionally high, which means that even major future expenses can be covered by the savings of the homeowners’ association. At the end of 2024, the maintenance reserve amounted to approximately €90,123.

Potential & Outlook

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- Initial rent adjustment potential: an increase of up to +15% is possible

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

-- Currently: €6.70/m² → about 45–55% below comparable rents

-- Berlin’s rent cap allows a +15% increase → next increase approx. +€112 per month

-- Within 6 years: potential increase to approximately €983 per month

- Long-term market potential: realistically €16/m²

-- Long-term, upon re-letting, a rent of approximately €1,665–1,890 per month is realistic

- No monument protection applies, however the property is located in the Pankow milieu protection area

- Maintenance reserve details and homeowners’ association meeting protocols are available upon request

- The energy certificate indicates Class D (115.1 kWh/m²a, gas, consumption certificate)

- Handover can be arranged by agreement

The apartment is being sold in its rented condition and is therefore an ideal, solid investment. For buyers considering long-term personal use or succession planning, the property also represents an attractive option: after purchase, the tenancy can naturally continue under the legal guidelines, or—if planned accordingly—be reviewed for future owner-occupancy.

The published purchase price of €749,000 refers to the sale with the existing tenancy. The market value of the apartment in a vacant state is considerably higher, resulting in a long-term, value-stable, and development-capable investment.

- Private sale – no buyer’s commission!

Contact Inquiries

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

If you contact us by phone, please leave a voice message with your name, telephone number, and preferred contact times.

Viewing

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A genuine interest, proof of creditworthiness, and an appropriate level of commitment are required for a viewing. All appointments are coordinated and confirmed online.

Disclaimers

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The floor plan renderings are for illustration purposes only. Area and measurement figures are approximate. The plans and dimensions are based on the documents provided.

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