Property in Berlin - Propertyshowrooms.com
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Other Description
EXCELLENT INVESTMENT IN PANKOW
This period town house dates back to 1912 but was modernised in 2000 producing this strikingly attractive façade. The property comprises of 2 commercial units (148m2) and 14 residential apartments (928m2) on a plot size of 758m2. The property has a number of period features and all units have central heating. There is the opportunity to develop the roof space, however, this would require the appropriate permission.
The property has a very competative selling price of just 874EUR per m2. This fully tenanted property has a rental income exceeding 46,500EUR and offers a net yield of 5%
The apartment house is located in Pankow - an area attracting an increasing number of investors. The property is situated centrally in Pankow and offers excellent local amenities and facilities. The local railway station (Wollankstrasse) is approx 500 metres distant.
The purchase price excludes 7.14% commission including tax.
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Approximate price of this 1-Bed Unknown
€940,500 EUR |
£752,682 GBP |
US$1,179,951 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Other |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Build Size |
1076 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Map of Berlin, Baden-Wuerttemberg, Germany
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Price: €940,500
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