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 1-bedroom apartment on the fourth floor of the garden house is spread over a spacious 73.5 m2 and features a large kitchen and large rooms, with windows facing the courtyard. The flat in Berlin has been tenanted since 1999 with a current net rental income of EUR 368.97 per month. This equates to an annual income of EUR 4,427.64 and a corresponding yield of 1.5%. 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_23
Property Type: Apartment
Address: 10245 Berlin / Friedrichshain
Etagen im Haus: 6
Living area approx:: 74 m2
Renatble area ca.: 74 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Year of construction: 1900
Condition: gepflegt
Status: tenanted
Maintenance fees: 195.38 EUR
Buyer's commission
7.14% of the purchase price including taxIncluding Tax
Net rent: 368.97 EUR
Purchase price: 295,000 EUR