Berlin - Wedding
Brüsseler Str.

Berlin-Wedding area has become a favorite for investors. The potential is clear, prices remain very competitive yet the prospect remains for considerable capital growth over the next few years. One for the medium – long term investor in our opinion.

This apartment building is located centrally in Wedding offering excellent transport links. Nearby are two park areas ( Schillerpark and Goethe) offering first class recreational areas.

The property dates back to 1900 and comprises of 35 residential and 2 commercial units. The layout is classic Berlin with side wings and frontage surrounding a generous and well-maintained inner courtyard area. The property has been fully modernized, in 1999, and is in excellent condition. There is a full sized basement and oil central heating. The total floor areas are residential, 1780m2 and commercial 130m2 giving a total of 1910m2. The actual rental income is 116,500 € per year with an achievable rent of 121,000€ as one commercial unit is currently empty. The return on investment is therefore anticipated as approx 6%.

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