Residential and commercial building in the center of Berlin.
Description
The property includes 7 apartments, 5 offices, and 2 commercial premises.
The building was built in 2000.
Currently, two apartments and an office space are vacant.
Equipment
- central gas heating system
- warm water supply system
Financial performance
The absolute annual income is 200,104 €.
The current yield is 2.0%.
The projected annual income is 277,492 €.
The projected yield is 2.8%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
Brokerage fee is 5% + 19% VAT (in total 5.95%).
Location
The building is located in the center of Berlin.
