Apartment house in Berlin

Photos available on request

Contact a manager at Tranio.com, and we will find you a suitable Apartment building or property from among our 100,000 offers across 53 countries around the globe

Apartment house in Berlin

4,100,000 €
Mortgage calculator
Send a request
Total area: 2,254 m² Yield: 4.0% Built in 1900
Send a request
Features
  • Absolute return: 177,646 €
  • Land area: 820 m²
  • 5-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 5

The five-storey corner house in southern Berlin-Pankow.

More than 2,250 m² of residential and commercial space on 820 m² area.

Description

Corner building constructed in 1900, consists of two wings with a courtyard between them.

The house has 3 shops on the ground floor and 28 apartments, which which are accessible via two staircases. The entrance to the underground garage for five places is located in the yard. All the units are leased.

The area of apartments varies from 52 to 96 m², apartments have good profitability with an average monthly rent of 6,65 €/m².

Equipment

The house has preserved the old style wooden features: doors, handrails. The apartments have balconies. Thre is a plan to expand the attic, which plan is designed, but not yet permitted.

The object is heated via gas. Energy consumption 140 kWh/m² per year.

The object is in good overall condition, but in need of a partial renovation.

Financial performance

Absolute income is 177,646 €.

The current yield of 4.33%.

Approximately 1819 €/m².

Location

Cafes, shops, restaurants, cultural and recreational buildings are available via nearby Schönhauser Allee.

Cinemaxx and the Kulturbrauere are a few minutes away.

Good accessibility of personal and public transportation either bus or train.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Berlin elsewhere on our website.

Submit a request for a purpose proposal
Sofiya Bulanova
Sofiya Bulanova
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services