Apartment building, Berlin, Germany

Additional information is provided after the signing of an NDA

Contact a manager at Tranio.com, and we will find you a suitable Apartment building or property from among our 80,000 offers across 54 countries around the globe

Apartment building, Berlin, Germany

6,400,000 €
Mortgage calculator
Send a request
Total area: 2,156 m² Yield: 3.6% Built in 1905
Send a request
Features
  • 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.

Description

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%.

Location

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.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Berlin elsewhere on our website.

Similar listings

We select ads that may interest you.

Submit a request for a purpose proposal
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Berlin
+44 17 4822 0039
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services