Berlin - Neukölln
Sonnenallee

Berlin-Neukoelln is a buzzy and lively area of south Berlin near to Treptow Park and the River Spree. The area houses one of Berlins largest shopping areas and the neighborhood has a plentiful supply of bars and restaurants. There are excellent road and rail links from Neukolln across Berlin.
The property was built in 1902 but has been thoroughly modernized whilst maintaining a great number of period pieces. There is a lift linking the 9 residential and 7 commercial units. The floor areas are residential (852m2) and commercial (1339m2) with a total floor area of 2191m2. The apartments have central heating and most have balconies.

One of the residential and two of the commercial units are currently vacant giving an actual yield of 5.5%, however, fully tenanted the yield can be 7.3%.

Please note commission (6% + tax)or 7,14 Prozent inkl. MwSt is NOT included in the price.