Located in a highly sought-after area of Berlin, this charming Altbau in Solmstrasse was built in 1890 and features a beautiful, stucco-decorated facade. The building has an impressive entrance hall with numerous stucco elements and the original ceiling painting. The front building, side wings and garden house all connected via the green and sunny inner-courtyard. There are 21 apartments in total, most of which are large in size and boast characteristic Altbau features such as high ceilings decorated with stucco and wooden paneled doors. This 1-bedroom apartment is situated on the ground floor and has a living area of 46.45 m2. This flat in Berlin has been tenanted since 1998 with a current net rental income of EUR 257.73 per month. This equates to an annual income of EUR 3,092.76 and a corresponding yield of 1.82%. The division of declaration is from 2012. 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: 746_7
Property Type: Apartment, Ground floor apartment
Address: 10961 Berlin / Kreuzberg
Living area approx:: 46 m2
Renatble area ca.: 46 m2
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Heating system: Gas
Year of construction: 1900
Status: tenanted
Maintenance fees: 139.95 EUR
Buyer's commission
7.14% of the purchase price including taxIncluding Tax
Net rent: 257.73 EUR
Purchase price: 170,000 EUR