Apartment Block Property for sale, Schöneberg, Berlin. Tenanted property making it an ideal investment. Central location with very good amenities. This apartment building lies in the ever popular area of Schoeneberg, Berlin.
The property is very close to the local town hall made famous in 1963 when
President John F. Kennedy issued the immortal words ‘ Ich bin ein Berliner’ on
the town hall steps to a crowd of 120,000 West Berliners.
This central
location offers a multitude of local amenities, shops, bars and restaurants.
Opposite is a beautiful local park and local transport links are excellent with
an underground station just nearby.
This five storey building offers 34
residential and 2 commercial units dating back to 1905. The property has been
extensively modernized and offers an inner courtyard/garden for residents. The
plot size is 780m2 with 1700m2 of residential space and 172m2 in the
commercials. The building enjoys oil central heating, car parking and has a full
size cellar. All apartments have showers and installed kitchens. The apartment
balconies look over the local park.
The tenanted income produces a yield
of 5.7%