Historical apartment building, Berlin, Germany

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Historical apartment building, Berlin, Germany

2,800,000 €
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Total area: 789 m² Yield: 1.5% Built in 1880
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Features
  • Operating Incomе: 42,360 €
  • Land area: 290 m²
  • 5-floor building
  • Occupancy: 67%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

Five-storey apartment building.

Description

The total area of the property is 789 m².

The property was built in 1880.

The building includes 10 apartments.

Part of the building (254 m²) is vacant.

Financial performance

Absolute annual income is 42,360 €.

The current yield of 1.5%. 

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

Brokerage fee is 6% + 19% VAT (in total 7.14%).

Location

The property is located in Neukölln district.

There are many restaurants and shops, a swiming pool, several parks (including Treptower Park), bus stops and metro stations in a walking distance from the building.

The Potsdamer Platz can be reached by car in 15 minutes

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Enquire about this apartment building
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Berlin
+44 20 3608 1267
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