This beautiful Altbau was built around 1900 and special care has been taken to preserve its original style. Built in the typical Berlin construction style, this Altbau consists of a front building, two side wings and two rear wings, connected by two leafy, green inner-courtyards. There are 42 renovated flats in total, as well as a commercial unit in the ground floor. All the apartments have characteristic high ceilings decorated with stucco, solid wooden flooring or parquet flooring, and wood panel doors. Apartments in the front building have lovely, street-facing balconies, providing the perfect spot to relax and enjoy the view over the green surroundings. This studio flat in Berlin is situated on the fourth floor and has a living area of 49.48 m2. This flat has been tenanted since 2001 with a current net rental income of EUR 251.90 per month. This equates to an annual income of EUR 3,022.80 and a corresponding yield of 1.51%. 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: 751_40
Property Type: Apartment
Address: 10405 Berlin / Prenzlauer Berg
Etagen im Haus: 5
Living area approx:: 49 m2
Renatble area ca.: 49 m2
Rooms: 1
Bedrooms: 1
Bathrooms: 1
Year of construction: 1900
Status: tenanted
Maintenance fees: 90.20 EUR
Net rent: 251.90 EUR
Purchase price: 200,000 EUR