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FREE OF COMMISSION: Core-renovated investment with approx. 6 % yield | garage + balcony

Lenbachstraße 11, 12157 Berlin (Steglitz)
499.900 €
4.5
Room
96 m²
Living Area
apartment

The unique 4.5-room apartment combines generous living comfort with impressive architecture. The cathedral ceilings with a height of 4 meters create an airy feeling of space, combined with a well thought-out room layout with a spacious bathroom and kitchen.

The unit has been completely renovated and the individual rooms rented out on a long-term basis. The annual net cold rent is €31,800 (€625 per month per room, €150 per month garage), which results in an attractive yield of 5.89%.

The apartment is in a very central location in Berlin-Steglitz and is located in a solidly managed building in very good condition. The façade, entrance area and stairwell were renovated in 2023. The house rent is only €424 per month and the building has a high energy class D rating.

This apartment is therefore ideal for investors who value a secure investment with increasing returns. The refurbishment of the apartment was completed in March. The apartment will be handed over furnished and rented.

The apartment has the following highlights:

✅ First occupancy after high-quality refurbishment
✅ Balcony with a view
✅ Large garage
✅ Flooded with light thanks to large windows
✅ Exposed beams
✅ 12 sqm gallery level,
✅ Insulated exterior walls
✅ Great layout

The apartment also has the following features, among others:

✅ High ceilings (4 m)
✅ High-quality real wood parquet flooring
✅ 6 minutes walk to the S-Feuerbachstr., 3 minutes to the highway
✅ Ornate doors
✅ Modern bathroom
✅ large and modern shower
✅ Smooth plastered walls (Q3)
✅ Balcony with a view
✅ Bicycle parking spaces
✅ Practical cellar (at ground level)
✅ Well-kept green inner courtyard
✅ Completely renovated electrics

The house is in very good condition. The following work was carried out in 2023/2024

✅ Renovation of the entire staircase
✅ New entrance area
✅ Painting of the façade
✅ Bicycle parking spaces

Are you interested in this apartment?

Object Number
OM-342361
Object Class
apartment
Object Type
apartment
Is occupied
Occupied
Handover from
immediately

Purchase price & additional costs

purchase price
499.900 €
Purchase additional costs
approx. 36,454 €
Total costs
approx. 536,353 €
Purchase price garage/parking space
40,000 €
HOA fee
424 €

Breakdown of Costs

Purchase price 499.900 €
Real estate transfer tax 29,994 € (6.00%)
Notary costs 4,272 € (0.85%)
Land register entry 2,188 € (0.44%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,813€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.44%

Details

Condition
first occupancy after renovation
Number of floors
5
Level
5th floor
Usable area
12 m²
Bathrooms (number)
1
Bedrooms (number)
4
Number of garages
1
Flooring
parquet, tiles
Heating
central heating
Year of construction
1950
Equipment
balcony, basement
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

This exclusive 4.5-room apartment impresses with high-quality materials and well thought-out details:

✅ Cathedral ceilings (4 m)
✅ Real wood parquet flooring
✅ Skirting boards with a Hamburg profile
✅ Ornate coffered doors
✅ Elegant fittings
✅ Smoothly plastered walls (Q3)
✅ Spacious garage
✅ Sunny balcony
Gallery floor (12 m²)
✅ Well insulated construction
✅ Separate cellar compartment

This apartment combines modern design with classic elegance - a home with style and comfort. You are welcome to view the apartment at short notice!

Location

The property is located in a quiet and green residential area in Berlin Steglitz. The S-Bahn station Feuerbachstr. is only a 6-minute walk away. The highway can be reached in 3 minutes, but can neither be seen nor heard.
Several bus lines run nearby. In the immediate vicinity you will find several doctors, restaurants, cafés, bakeries and shopping centers. You can also reach several gyms, green areas and parks, fashion stores, bars and two bookshops.

Location Check

Kultur
200m
Restaurants
150m
Einkaufen
150m
Sport
50m

Energy

Final energy consumption
121.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
consumption certificate
Main energy source
gas

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: David Turyabahika

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