Apartment Block Property for sale, Treptow-Köpenick, Berlin

Stand Alone Property

Status
Available
Location
Treptow-Köpenick
Property Type
Apartment
Price
EUR 1,570,824
(GBP 1,249,164
USD 1,994,789)
Monthly (est.)
see assumptions
£ 7,617.09
Location Type
City
Bedrooms
1
Bathrooms
1
Size
1471m2
Pool
No Pool
Sale Type
Re-sale
OPC Reference
FLB FBEI1130

Investment Details

Investment Type
SIPP suitable, Tenanted
Minimum Investment
EUR 1570824
Current Yield Rate
5.9%
Apartment Block Property for sale, Treptow-Köpenick, Berlin
1

Apartment Block Property for sale, Treptow-Köpenick, Berlin. Comprising of 15 residential and 1 commercial properties. This apartment building is located in the Treptow area of Berlin, near to the beautiful Treptow park and the Spree riverside gardens. The area has excellent road and rail links and Schoenefeld airport is a short drive. The current construction of the new Berlin International Airport alongside the existing Schoenefeld site is expected to positively impact on the whole surrounding area.

The property dates back to 1913 and was thoroughly modernized in 1997 including services and facade. The building comprises of 15 residential and 1 commercial unit in a four storey apartment house. The building has gas central heating and most apartments have balconies. The property is in excellent condition and well maintained.

All units are currently tenanted producing a yield of 5.9%. The floor areas are residential (1260m2) and commercial (176m2) with a total floor space of 1471m2.

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

Facilities in this property

Central heating, Balcony

Facilities near this property

Parks & Gardens, Outdoor activities, Shopping centre, Other

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