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Built as a terraced development in 1930, these beautiful altbau apartment buildings on Silberstein- and Hertastrasse are located in Neukoelln, one of Berlin's most popular neighbourhoods. Spread over five floors, there are various apartment sizes available ranging from 1 to 4 bedrooms, and from roughly 49 to 87 square metres. Perfect for singles, couples or families, the units are conducive to forming a close-knit co-housing community. The facade was recently repainted in a warm grey hue in 2015/2016. Additional work has been done on the property including the refurbishment of windows and roof terraces. By summer of 2017 the hallways will have been repainted in a new colour scheme, and the playground on the court side will have been overhauled. Balconies and windows will overlook the tranquil sanctuary of the backyard. All apartments are heated via gas-powered central heating units. Tenants also have access to cubicles in the basement which provide additional storage space. This is an excellent investment opportunity as the rental income for this apartment has been €473.49 since 2004, with a rental return of 2% p.a. Additional Information Black Label's international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin. We can provide you with a varied choice of properties to suit your needs. Just send us your search specification, including: - Property style - Budget - Location - Investment or own useObjectdataObject ID: 160_1Property Type: Apartment, Ground floor apartmentAddress: 12051 Berlin / NeukollnFloor: 0Floors in building: 6Living area approx:: 89 m2Area approx.: 89 m2Rooms: 4Bedrooms: 3Bathrooms: 1Terraces: 1Heating system: Gas heating, Single-storey heating systemYear of construction: 1930Status: tenantedMaintenance fees: 241 EURBuyer's commission: 7.14% of the purchase price including tax Including TaxNet rent: 473 EURPurchase price: 268,830 EUR
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