The historic art nouveau building consists of 20 apartments and 2 commercial units.
There is an elevator.
The current rental income is 291,787 €.
The current yield is 3.89%.
The expected rental income is 361,922 €.
The yield is 4.83%.
The commercial units are fully let.
4 apartments are vacant.
The property is located in the center of Charlottenburg district.
Berlin is the capital of Germany with the population more than 3.9 million people.
Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. The city is home to large corporations such as Siemens, Volkswagen, Pfizer and SAP.
Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.
Berlin-Brandenburg Airport serves over 20 million passengers annually.