Apartment house in a historic building in Brandenburg

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Apartment house in a historic building in Brandenburg

1,550,000 €
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Total area: 881 m² Yield: 4.8% Built in 1930
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Features
  • Operating Incomе: 75,640 €
  • Occupancy: 100%
  • Most recent total renovation: 1996
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 7.1%
  • Total apartments: 8

It is an apartment building for sale in the town south-east of Berlin.

Description

Total floor area is 881 m².

There are eight apartments with balconies or loggias and four commercial premises in total.

The property was built in 1930 and renovated in 1996, retaining its original features.

The house has gas central heating.

All areas are leased out.

Financial performance

Absolute income is 75,640 €.

The current yield of 4,8%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 7,14%.

Location

The property is located near Berlin.

Public transportation and railway station are in the immediate vicinity.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services