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Pankow
Property in Berlin,  in Pankow

418,000 €




Apartment Block in Schöneberg
Ref:FBEI1162  Rooms:
City:Berlin  Baths:
Area:Schöneberg  Type:Apartment Block
Street:Belziger Str.  Size:1872 m²
Tenanted:yes  Price from:
Yield:5,7 %    

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This apartment building lies in the ever popular area of Schoeneberg, Berlin. The property is very close to the local town hall made famous in 1963 when President John F. Kennedy issued the immortal words ‘ Ich bin ein Berliner’ on the town hall steps to a crowd of 120,000 West Berliners.

This central location offers a multitude of local amenities, shops, bars and restaurants. Opposite is a beautiful local park and local transport links are excellent with an underground station just nearby.

This five storey building offers 34 residential and 2 commercial units dating back to 1905. The property has been extensively modernized and offers an inner courtyard/garden for residents. The plot size is 780m2 with 1700m2 of residential space and 172m2 in the commercials. The building enjoys oil central heating, car parking and has a full size cellar. All apartments have showers and installed kitchens. The apartment balconies look over the local park.

The tenanted income produces a yield of 5.7%.

The sales commission of 7.14% including tax is NOT included in the sales price.






 

 

 

 

 
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05.07.2008,    

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