Apartment building 651 m² in Berlin

Apartment building with a stucco facade in excellent condition.

Description

Apartment building includes 9 apartments with a total area of ​​651 m². The area of ​​apartments ranges from 40 to 98 m². One of the three residential units on the third floor is a maisonette unit with the attic floor.

There are 5 garages in the yard.

The property was extensively renovated and modernized in 1995. In 2015/16 the exterior cellar walls were sealed.

The property is heated by a gas central heating system.

Energy performance certificate:

• main energy sources: gas
• final energy consumption: 147.00 kWh/ m²a
• valid until: 02.12.2023

One apartment on the ground floor with an area of 42.8 m² is vacant.

The absolute annual income is 63,065 €.

The current yield is 2.9%.

The expected annual income is 67,042 €.

The expected yield is 3%.

The property is located in a quiet residential area of Berlin, Wilhelmsruch. The area is characterized by a large number of renovated residential buildings, as well as prestigious townhouses.

A park with a lake and a well-known supermarket chain are within walking distance. Also there are various cafes, restaurants, shops, cultural sites, a primary school and a kindergarten nearby. There are several bus stops in the immediate vicinity of the property.

The city center can be reached in about 30 minutes.

Berlin is the capital of Germany with the population more than 3.9 million people.

Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. Several large corporations, such as Siemens, Volkswagen, Pfizer and SAP, have headquarters in Berlin.

2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.

Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.