Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

6,400,000 €
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Total area: 2,156 m² Yield: 3.6% Built in 1905
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  • Operating Incomе: 226,472 €
  • Land area: 969 m²
  • Occupancy: 100%
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 3.6%

Renovated historical residential house with commercial premises.


The house includes 40 apartments and 3 commercial units. 

The residential area of a building is 1,948 m². 

The commercial area is 208 m². 

The building was built in 1905.

The house is in excellent condition. Over the past several years the following objects have been renovated:

  • replacement of the windows
  • replacement of the doors
  • replacement of the electrical wiring
  • replacement of the water supply system
  • partial renovation of the roof

Equipment of the building

  • central heating system
  • water heater
  • partial thermal insulation

Financial performance

Absolute annual income is 226,472 €.

The current yield of 3.6%. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 3.57%.


The house is located in the Neuköllne district, close to the town hall of Neukölln. Public transport stops, the metro station, and the Karl-Marx-Strasse are situated in a walking distance from the building. The shops, cafes, a pharmacy and a shopping center are located nearby.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Berlin
+44 17 4822 0039
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