This classic Altbau in Friedrichshain has a lovely facade comprising of loggias, balconies and large, bay windows. The building's entrance is particularly striking with the original floor tiles and extensive stucco decorations on the walls and ceiling. There are two green courtyards which provide a tranquil retreat from the busy, inner-city. Built in 1910, the Altbau consists of a front building, side buildings and garden building, with 30 flats in total. The apartments range from 1 to 3 rooms in size and boast characteristic high ceilings decorated with stucco, beautiful wooden floorboards (some even parquet), wooden cassette doors and modern, tiled bathrooms. All the flats in the front building have balconies, as well as some in the rear building. This studio apartment is situated on the ground floor and has a living area of 31.8 m2. This flat in Berlin has been tenanted since 2005 with a current net rental income of EUR 170.00 per month. This equates to an annual income of EUR 2,040.00 and a corresponding yield of 1.7%. Additional Information . Black Label's international team can offer advice on all stages of property purchase. Our team speaks fluent English, German, French and Mandarin. We work together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin, who are at hand to explain the financial and legal process of buying real estate in Germany. We can provide you with a varied choice of properties to suit your needs - whether you plan to use it yourself or are looking for an investment. We also offer property management packages for both furnished and unfurnished lettings, as well as a complete design and furnishing service tailored to your style. Please get in touch with our friendly international team for more information.
Objectdata
Object ID: 736_6
Property Type: Apartment, Ground floor apartment
Address: 10245 Berlin / Friedrichshain
Living area approx:: 32 m2
Renatble area ca.: 32 m2
Rooms: 1
Bedrooms: 1
Bathrooms: 1
Year of construction: 1900
Status: tenanted
Maintenance fees: 105.58 EUR
Buyer's commission: 7.14% of the purchase price including tax Including Tax
Net rent: 170.00 EUR
Purchase price: 120,000 EUR