Apartment building, Berlin, Germany

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Apartment building, Berlin, Germany

2,400,000 €
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Total area: 791 m² Yield: 3.0% Built in 1914
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Features
  • Operating Incomе: 72,300 €
  • Land area: 533 m²
  • 5-floor building
  • Occupancy: 100%
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

Apartment building with the possibility of expansion of the building.

Description

The house includes 10 apartments.

It is possible to expand the second floor of the building to 140 m² and the attic to 150 m².

The building was built in 1914.

Financial performance

Absolute annual income is 72,300 €.

The current yield of 3.0%. 

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Brokerage fee is 7.14%.

Location and nearby objects

The house is located in the south-east of Berlin, in the Steglitz district. Public transport stops, restaurants, a pharmacy, a children's playground, the Marcusplatz, the Rosengarten and the Stadtpark are situated in a walking distance from the building.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Berlin
+44 20 3608 1267
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