Commission-free: 111 m² investment property in a renovated building, with 2 south-facing balconies, located in the Helmholtz district of Prenzlauer Berg.

# Viewings on July 2nd and 9th, starting at 6 PM – only with confirmed registration! #
Commission-free, 111 sqm historic apartment in the Helmholtz neighborhood of Berlin-Prenzlauer Berg – featuring two south/southwest balconies, classic building from the Gründerzeit era, and a stable rental history since 1998. This apartment is ideal for buyers with a medium- to long-term investment horizon. The investment opportunity lies in the building's solid structure, prime location, rental income potential, and the option for strategic owner-occupancy. ## 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 Structure
This spacious 3-room apartment with approximately 111 sqm of living space is located on the 4th floor of a well-maintained Art Nouveau building from 1911 at Wichertstraße 69, 10439 Berlin. This apartment combines the classic quality of a Berlin pre-war building with a clear, well-structured layout for long-term use:
It features high ceilings, original wooden floors, stucco details, a bathroom with natural light, a fitted kitchen, a storage room in the basement, and two south/southwest-facing balconies, as well as a communal green courtyard. The building has been continuously maintained and modernized in recent decades. The owners' association is well-managed, and the reserve fund for the property (WEG-Rücklage) currently stands at approximately €90,123 as of December 2024. The sale is commission-free and directly from the owner.

## Rental Situation and Prospects
The apartment has been stably rented since 1998 and is in a well-organized and transparent rental situation. Rent payments are reliable, the apartment is very well-maintained, and the tenant has been informed about the sales process. The apartment is currently occupied by a single person. The current rent provides a conservative basis with a clearly identifiable rental reserve within the legal framework. The apartment was converted into a property with individual ownership (Wohnungseigentum) in 1998 as part of a division and renovation and has been in the same ownership ever since. A lock-up period related to a conversion, as defined in § 577a BGB, no longer applies. In the event of subsequent owner-occupation, the standard legal regulations will apply. Due to the length of the lease, the statutory notice period is currently 9 months (§ 573c BGB).

## Investment Key Figures
- Purchase price: €798,000
- Living area: 111 m²
- Number of rooms: 3
- Floor: 4th floor
- Year of construction: 1911
- Net cold rent: €773.31 / month
- Annual net rent: approximately €9,279
- Current rent: approximately €6.97/m²
- Homeowners association fees: €353 / month (2025)
- Homeowners association reserve: approximately €90,123 (as of 12/2024)
- Purchase price/m²: approximately €7,300
- Buyer's commission: 0%

The current rent is below the level of comparable apartments in this location. This presents a medium- to long-term development potential within the framework of the legal possibilities. The purchase price reflects the sale under the existing lease agreement. The long-term perspective is based on the location quality, the condition of the building, the rental reserve, and the strategic option of owner-occupation.

## Conclusion
This is a strategic investment in an existing property located in one of Berlin's most stable inner-city locations – with a reliable rental situation, a solid structure, and a clearly identifiable development potential. I would be happy to discuss further legal and economic details with you in a personal conversation and, if you are seriously interested, I will provide the corresponding documents in a structured manner.

The Wichertstraße is located in the highly desirable Helmholtz neighborhood of Berlin-Prenzlauer Berg, just a few steps from Schönhauser Allee, making it one of the most stable and sought-after residential locations in central Berlin. The immediate surroundings combine classic late 19th-century architecture, a well-established neighborhood character, and excellent infrastructure. Cafés, restaurants, weekly markets, shops, schools, nurseries, medical facilities, and several parks and green spaces are all within easy reach. The Helmholtzplatz, Kollwitzplatz, Arnimplatz, Humannplatz, Falkplatz, and Mauerpark are all quickly accessible. The Schönhauser Allee arcades are just a short walk away, conveniently meeting daily needs. Transportation links are excellent: the S-Bahn (suburban train), U-Bahn (subway), tram, and Schönhauser Allee ringbahn station are all within walking distance. The U2 subway line provides quick access to Alexanderplatz, and Mitte, Hackescher Markt, and Museum Island are also very well connected. The location is particularly attractive to investors: Prenzlauer Berg is known for its consistently high demand for housing, a limited supply of comparable apartments in historic buildings, and strong long-term rental potential. For international buyers, this represents a clear investment opportunity: a central location in Berlin, established infrastructure, a historic building stock, high demand, and long-term stability.