Apartment Block Property for sale, Schöneberg, Berlin

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Apartment Block Property for sale, Schöneberg, Berlin. Tenanted property making it a perfect investment. Central location with very good local amenities and transport links. Schoeneberg, located centrally in Berlin, offers an established and attractive area for the long term investor. This prime residential area has excellent leisure, transport and recreational facilities. In addition the tourist and popular areas of central Berlin are close by.

This centrally heated, four storey property was built in 1918 and has 30 apartments (1931m2) and 2 commercial units (185m2). The apartments are in the size range 36 – 152m2 with a total floor area for the building at 2116m2 on a plot size of 722m2. A number of the apartments have balconies and the roof space has been utilized for residential space. Two residential units (159m2) are currently vacant. The rental income is approx. 122,000 euros producing a 5.9% yield

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