Built in 1910, this Berliner Altbau is well maintained and boasts a beautiful facade with balconies facing the street. The building features the classic Altbau layout of a front building, side wings and a garden building, wrapped around a green, inner-courtyard. There are 22 flats in total, ranging in size from 1-4 rooms, and mostly featuring solid wooden flooring and ceilings decorated with historical stucco. All apartments above the ground floor in the front building have a street-facing balcony, with the middle flats boasting two balconies. This studio apartment on the second floor of the garden house has a living area of 32.6 m2 and has a separate kitchen. The flat in Berlin has been tenanted since 2009 with a current net rental income of EUR 260.80 per month. This equates to an annual income of EUR 3,129.60 and a corresponding yield of 2.32%. The division of declaration is from 2011. This apartment is tenanted and the current tenant will have long-term protected rights to remain in the apartment after it is sold to a new owner. If you are looking for an apartment for self-use, this property is very likely to be suitable for you. Please see our video explainer to find out more: https://youtu.be/jd3UIKf-h1g. 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: 723_13
Property Type: Apartment
Address: 10245 Berlin / Friedrichshain
Etagen im Haus: 6
Living area approx:: 33 m2
Renatble area ca.: 33 m2
Rooms: 1
Bedrooms: 1
Bathrooms: 1
Year of construction: 1900
Condition: gepflegt
Status: tenanted
Maintenance fees: 112.22 EUR
Buyer's commission
7.14% of the purchase price including taxIncluding Tax
Net rent: 260.80 EUR
Purchase price: 135,000 EUR