Five-storey apartment building with two commercial spaces.
Description
The apartment building includes 32 apartments with a total area of 2.014 m² and two commercial spaces with a total area of 161 m².
The building is constantly maintained in good condition.
It is possible to convert the attic into the residential area.
The absolute annual income is 172,094 €.
The current yield is 2,9%.
The expected annual income is 178,762 €.The expected yield is 3%.
One apartment is vacant.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
The property is located in Neukölln, one of the residential districts of Berlin, with the population about 170,000 people. The area is a social and nature protection zone.
Parks, shops, restaurants, cafes, sports complexes, a cinema, etc. are located near the property.
Neukölln is one of the most popular districts in the city, thanks to its central location and a special way of life — bohemian and multicultural.
There is a large number of shops, cafes and restaurants, as well as places for leisure, including the embankments of the Landver Canal.
The area is served by numerous bus lines and 2 metro stations: Hermannplatz and Sonnenallee.
Transport accessibility:
- Tegel International Airport — 47 minutes by public transport/ 25 minutes by car (without traffic jams)
- Schönefeld Airport — 25 minutes by car (without traffic jams)
- Hauptbahnhof station — 38 minutes by public transport
- Potsdamer Platz — 41 minutes by public transport
- East Side Gallery — 33 minutes by public transport
