Two four-storied residential houses for 22 apartments.
Description
Total area is 1,793 m²
Property was completely renovated in 2005, during which facades and roofs were restored, windows were replaced and elevator was installed.
Object is provided with central gas heating system.
Building Energy Rating — 91.10.
Vacanted area is 259 m²
Financial performance
Absolute income is 122,242 €.
The current yield of 3.3%.
The projected income is 148,660 €.
The projected yield of 4%.
Transaction costs
Notary fee of 1.5%.
RE purchase tax of 6%.
The broker's fee of 6%.
Location
The property is situated in the residential area of Berlin, close to the large recreation park. Schools, day-care centers, shopping facilities and public transport stops are within walking distance to the buildings.
