No commission: 111 m² period apartment with 2 south-facing balconies in the Helmholtz neighbourhood, rented

Key facts

Purchase price & costs

About this apartment

## No buyer’s commission: €27,453.30 less in ancillary purchase costs

Directly from the owner, 0% buyer’s commission. At a purchase price of €769,000, you save a total of €27,453.30 in agent fees compared with an offer at the same price with a 3.57% buyer’s commission, including VAT. This budget remains available for financing, reserves or further planning.

# Viewing opportunity on 01.10.2026 from 18:00 – register by 29.09., 12:00; attendance only upon confirmation! #

Commission-free 111 m² historic apartment in the Helmholtz neighborhood of Berlin-Prenzlauer Berg – with two south/southwest-facing balconies, classic Wilhelminian-era character and stable tenancy since 1998.

The apartment is aimed at buyers with a medium- to long-term horizon. The investment case rests on the property’s substance, A-grade microlocation, rental upside and strategic owner-occupancy option.

## 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 condition

This spacious 3-room historic apartment with approx. 111 m² of living space is located on the 4th floor of a well-maintained Art Nouveau building dating from 1911 at Wichertstraße 69, 10439 Berlin.

The apartment combines classic Berlin historic-building quality with a clear layout that is highly practical for long-term use:
high ceilings, original wooden floorboards, stucco details, a bathroom with natural light, fitted kitchen, basement storage room, two south/southwest-facing balconies and a green courtyard for communal use.

The building has been continuously maintained and modernized over recent decades. The owners’ association is well maintained, and the WEG reserve stands at approx. €105,258 as of 12/2025.

The property is being sold commission-free, directly by the owner.

## Rental situation and outlook

The apartment has been steadily rented since 1998 and is in an orderly, transparent existing-tenancy situation. Rent payments are made reliably, the apartment is very well maintained, and the tenant has been informed about the sales process.

The apartment is effectively occupied by a single person. The current rent provides a conservative starting point, with clearly identifiable rental upside within the statutory framework.

The apartment was converted to condominium ownership in 1998 as part of the division and renovation and has remained under the same ownership ever since. A conversion-related lock-up periodunder § 577a BGB no longer applies.

In the event of subsequent personal use, the regular statutory provisions apply. Due to the long rental period, the statutory notice period is currently 9 months (§ 573c BGB).

## Investment Figures

- Purchase price: €769,000
- Living area: approx. 111 m² (calculation basis: 111.43 m²)
- Rooms: 3
- Floor: 4th floor
- Year built: 1911
- Net cold rent: €743.31 / month
- Separate surcharge: €30.00 / month (not included in the net cold rent)
- Annual net cold rent: €8,919.72
- Net cold rent per m²: approx. €6.67/m²
- Service charge: €353 / month (2025)
- Owners’ association reserve: approx. €105,258 (as of 12/2025)
- Purchase price/m²: approx. €6,901
- Buyer’s commission: 0 %

## Conclusion

A strategic investment in an existing property in one of Berlin’s most stable central locations—with a reliable rental situation, solid substance, and clearly traceable development potential.

Further documents are available on request. I will be happy to answer your questions in writing or, if you prefer, in a brief phone call. The call is optional and is not a prerequisite for receiving documents or arranging a viewing.

Location