A three-storey residential house with apartments.
Description
The total area of the building is 774 m².
The property was built in 1991.
The house consists of 10 apartments with the area of 63-116 m². All apartments have balconies.
A parking for 3 cars is included into the cost.
The house is equipped with gas central heating system.
At the moment, one apartment is vacant.
Absolute annual income is 47,847 €.
The current yield of 2.8%.
Financial performance with all apartments leased out:
Absolute annual income is 52,671 €.
The current yield of 3.2%.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6%.
The broker's fee of 6%.
The property is located in a popular residential neighbourhood of Berlin with well-developed infrastructure. An underground station is within walking distance, it takes 30 minutes to reach the central square of the city — Alexanderplatz.
