Residential house with a commercial unit.
Total area of the property is 656 m².
Total area of a plot is 718 m².
The building consists of 10 apartments, 7 of them are rented. The apartment sizes span between 42 m² and 57 m². There is a commercial unit of 176 m² on the ground floor of the building.
A new gas heating system was installed in 2001.
Absolute annual income is 53,919 €.
The current yield of 3.2%.
Financial performance when all premises are leased out:
Absolute annual income is 71,075 €.
The projected yield of 4.2%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
Brokerage fee is 7.14%.
Location and nearby objects
The property is located in the borough of Lichterfelde, in Berlin. There are public transport stops, supermarkets and shops in the immediate vicinity.