Apartment building with commercial premises on the ground floor.
Description
The house consists of 28 apartments and 2 commercial premises with a total area of 152 m².
The residential area is 2,381 m².
The building was built in 1900 and was recently renovated.
16 apartments are rented for a long time. There is an opportunity for short-term renting of 12 apartments.
Absolute annual income is 304,000 €.
The current yield of 3.3%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
The broker's fee of 5%.
The property is located in Prenzlauer Berg, the one of the most expensive central districts of Berlin. The metro station is located in a 3-minute walk from the building.