Newly renovated аpartment building.
Description
The property consists of a main building and a wing and includes 16 apartments with a total area of 2,578 m².
The building was built in 1907, the wing is in 1935. Both buildings were completely renovated in 2017.
There is parking for 11 cars on the territory of the property.
At the moment the property is vacant.
Financial performance
The projected annual income is 495,487 €.
Projected yield is 2.8%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is %.
The brokerage fee is 5% + 19% VAT (in total 5.95%).
Location
The property is located in a prestigious quiet area of Grunewald.
The area includes Germany's largest green zone.
The area has developed infrastructure.
There are the central western streets of Berlin nearby.
