Building in Berlin-Steglitz
BUILDING IN STEGLITZ with HIGH POTENTIAL YIELD
Front building with 4 floors with a penthouse and a lateral building also with 4 floors. The building has balconies, a basement with cellar boxes, elevator in the front building, district heating and a large courtyard with 5 parking spaces.
The empty units need renovation before a new tenancy;
Size of the plot: 761 m²
Year of construction: 1961 Front building / side wing 1910
Useful surface: 1,569 m² includes 125 m² (5 parking spaces)
Living space: 1,192 m²
Commercial area: 252 m²
Units apartments: 20 units and 4 of them are empty
Commercial units: 2 empty
5 parking spaces: 5 empty
Net rent: With everything rented it amounts to € 156,782.16, at the moment it is € 78,686.64 the current rent with the 6 units empty and 5 parkings spaces empty
Purchase price: € 4,300,000.00
A very good building with medium-small apartments, so ideal to rent them out.
Near the Harry-Breslau-Park a short distance from the famous Schloßstraße, one of the largest shopping streets in Berlin, very good traffic connection via the nearby motorway + several bus lines and the metro station "Schloßstraße".
Main Features
Type Building
City Berlin
District Steglitz
Adress Not available
Size 1.569,00 m2
Floor 0
Price/m_ 2.740,60€
Cold monthly rent 13.065,00€
Units 22
Yield 3,65 %
Factor 27,43
Created in November 2017
Year of construction 1910
- 7,14 percent
- Old classical building until 1920
- Post war construction 1945-1965
- Lift
- Balcony - Terrace
- Cellar
- District
- To refurbish