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
Absolute annual income is 226,472 €.
The current yield of 3.6%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
Brokerage fee is 3.57%.
Location and nearby objects
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.