Apartment Block Property for sale, Neukölln, Berlin

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Apartment Block Property for sale, Neukölln, Berlin. Comprising of 9
residential and 7 commercial properties. Berlin-Neukoelln is a buzzy
and lively area of south Berlin near to Treptow Park and the River
Spree. The area houses one of Berlins largest shopping areas and the
neighborhood has a plentiful supply of bars and restaurants. There are
excellent road and rail links from Neukolln across Berlin.

The property was
built in 1902 but has been thoroughly modernized whilst maintaining a great
number of period pieces. There is a lift linking the 9 residential and 7
commercial units. The floor areas are residential (852m2) and commercial
(1339m2) with a total floor area of 2191m2. The apartments have central heating
and most have balconies.

One of the residential and two of the
commercial units are currently vacant giving an actual yield of 5.5%, however,
fully tenanted the yield can be 7.3%.

Please note commission (6% +
tax)or 7,14 Prozent inkl. MwSt is NOT included in the price

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