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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

Reference BB1369B
Type Building
City Berlin
District Steglitz
Adress Not available
Size 1.569,00 m2
Floor 0
Price 4.300.000€
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

Agency Fee
  • 7,14 percent
Type
  • Old classical building until 1920
  • Post war construction 1945-1965
 
Features
  • Lift
  • Balcony - Terrace
  • Cellar
Heating type
  • District
 
Condition
  • To refurbish
 


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