This attractive one-room apartment is located in a sought-after residential area in Berlin's Neukölln district, situated on a quiet side street in a pleasant neighborhood. The combination of a prime urban location, excellent infrastructure, and a well-maintained building makes this property particularly appealing to both investors and prospective owner-occupiers.

The apartment is located on the third floor of a well-maintained apartment building and offers approximately 44 square meters of living space. The generously sized room provides a variety of layout options and can be used as a classic combination of living and sleeping area or with a separate workspace. Typical of older Berlin apartments, the unit boasts pleasant natural light and a welcoming atmosphere. A balcony is also included, providing the added benefit of a private outdoor space.

The apartment has been rented since 2007. The net rent is €330 plus €100 operating costs. The rent is currently being paid by the job center. However, to the best of our knowledge, the tenant is abroad and is not currently at the apartment. The apartment's interior is in basic condition, and it is likely that the unit requires extensive renovation. This presents a buyer willing to undertake renovations with the opportunity to significantly increase the apartment's value according to their own preferences.

The monthly service charge is €178, of which approximately €80 is not recoverable from the owners. The owners' association's maintenance reserve fund is approximately €100,000, which underlines the association's sound financial foundation and provides a reliable basis for necessary maintenance measures in the future.

The location in Neukölln boasts excellent infrastructure: shops for daily needs, supermarkets, pharmacies, doctors, as well as a wide variety of restaurants, cafés, and leisure activities are all within walking distance. Furthermore, public transport connections are very good, ensuring quick access to Berlin's city center and other districts. Despite its central location, the apartment benefits from a pleasant living atmosphere thanks to its quiet side street setting.

Overall, this is an interesting old-style condominium with a balcony, a spacious floor plan and a very good location, which is particularly convincing due to its potential for value increase after renovation and its solid building structure.

Of course, we are always happy to provide you with further information and answer any questions you may have.

If needed, we can fully support you in managing and renting your condominium. We would be happy to discuss the options and terms of our services with you in a personal consultation.

We look forward to your feedback!

EDEL Real Estate GmbH

https://www.edel-re.com

Features

+ 1-room apartment with approx. 44 m² living space

+ 3rd floor in a well-maintained apartment building

+ Spacious floor plan with versatile design options

+ Typical Berlin period building character with plenty of natural light

+ Balcony available

+ Sought-after residential location in Berlin-Neukölln, quiet side street

+ Excellent infrastructure: shopping facilities, restaurants, cafes & leisure activities within walking distance

+ Rented since 2007 (rent currently paid via the Job Center)

+ Tenant currently abroad / not at home

+ Interior condition basic, complete renovation required (high potential for value appreciation)

+ Net rent: €330 plus €100 operating costs

+ Monthly service charges: €178, of which approx. €80 are non-recoverable

+ Owners' Association reserve fund: approx. €100,000

+ Very good public transport connections