Built at the end of the nineteenth century, this beautiful Berliner Altbau consists of a front building with nine flats, and inner-courtyard with a lawn. All the flats feature characteristic wooden floors and high ceilings decorated with stucco. The quiet street runs parallel to Goerlitzer Park, which has been lovingly restored in recent years. This particular area is Kreuzberg is home to many heritage protected buildings, thus establishing the neighbourhood's historical charm. This 3-bedroom apartment is situated on the second floor and has a living area of 139.86 m2. This flat in Berlin has been tenanted since 2009 with a current net rental income of EUR 839.16 per month. This equates to an annual income of EUR 10,069.92 and a corresponding yield of 1.81%. 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: 724_4
Property Type: Apartment
Address: 10997 Berlin / Kreuzberg
Living area approx:: 140 m2
Rooms: 4
Bedrooms: 3
Bathrooms: 2
Units: 139.86
Year of construction: 1900
Status: tenanted
Maintenance fees: 455.21 EUR
Buyer's commission
7.14% of the purchase price including taxIncluding Tax
Net rent: 839.16 EUR
Purchase price: 555,000 EUR