German Property Available To Buy
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Other Description
TENANTED APARTMENT HOUSE IN LICHTENBERG
This attractive three storey, apartment house dates back to 1906 however was subsequently modernised in 1990. The property was built on a plot size of 786m2 and comprises of nine residential units with a total floor area of 573m2. The properties have balconies and a cellar.
The tenanted apartments have a current, annual rental income of 15,950 euros which delivers a yield of 5%. However, two of the apartments are currently vacant and with this income the potential yield is 6.4% with an estimated annual income exceeding 20,000 euros.
This attractive apartment house lies between the desirable residential areas of Kopeninck and Treptow. The property is approx 1km from the pretty riverside areas of the Spree. The nearest rail station (Karlshorst) is approx 1km.
The property is available at an absolute bargain price of only 560 euros per m2 !!
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Approximate price of this 0-Bed Unknown
€320,350 EUR |
£256,376 GBP |
US$401,911 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Other |
| Build Size |
573 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Map of Berlin, Land Berlin, Germany
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Price: €320,350
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