The five-storey residential building with commercial premises.
Description
Total area is 1,001 m²
Living area is 838 m²
Commercial area is 123 m²
The building comprised of 12 apartments and 2 commercial units.
Roof area is 200 m² There is an ability of area expansion with building vertical extension.
Building Energy Rating — 117.00.
Facade, electricity lines and water supply of the house were renovated.
10 of 12 apartments are leased out.
Absolute income is 64,256 €.
The current yield of 2.1%.
The projected income is 86,096 €.
The projected yield of 2.7%.
Notary fee of 1.5%.
RE purchase tax of 6%.
The broker's fee of 6%.
The apartment building is situated in Charlottenburg area, in close vicinity of community amenities. The railway station is located within few minutes of walking. There is an accessway to the highway within 100 metres from the house. The main shopping street Kurfürstendamm is within a 5 minute drive from the building.