Two renovated residential houses with commercial units.
Description
The total area of the buildings is 7,992 m².
The property was built in 1905–1908.
The houses consist of 48 apartments (with the total area of 5,209 m²) and 21 commercial units (with the total area of 2,782 m²).
Absolute annual income is 1,157,330 €.
The current yield of 3.2%.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6%.
The broker's fee of 6%.
The property is located in a prestigious residential neighbourhood of Berlin, not far from the Kurfürstendamm boulevard.