Modernised Studio Apartment

€ 117,398

Property Specification

Ref: BB442.7
Price per m²: € 2,683
Size: 44m²
Floor: 1
Rooms: 1
Bedrooms: 0
Bathrooms: 1
Type: Apartment
Status: Tenanted
Rent Yield: 2.47%
Year Built: 1906

Studio Apartment in Reinickendorf

Description

Built in 1906 the house was gradually renovated, well maintained and all old building stylistic elements like the staircase, railings, ceiling and apartment doors, have been renovated in a high-quality manner. All stairwells and common areas including the green courtyard are very well maintained. The heating is carried out via an oil central heating from 1975/1998 (conversion to district heating possible) and the individual hot water supply is provided via electric run-through heaters. There is a total of 12 apartments (10 rented units and two empty newly renovated residential units) for sale in this property. The apartments are divided into sizes between: 32.49m² - 43,75m² (1-room, kitchen, bathroom). 51,94m² - 66,77m² (2 rooms, kitchen, bathroom) 99,50m² - 110.92m² (4 rooms, kitchen, bathroom) All the apartments have a balcony except for the one-bedroom apartments. The apartments have the typical old building charm (Parquet floor or wooden floorboards, stucco, etc.), are spacious and bright.

About Reinickendorf, Berlin

Located in the leafy northwest of Berlin, the Reinickendorf district offers both rural idyllic and metropolitan flair with excellent infrastructure. The property is in the southern part of the district, adjacent to the districts of Wedding and Pankow just off the metro line U8. Despite the quiet location you can find in the immediate vicinity schools, amenities, doctors and many shopping opportunities. The area is surrounded by sports facilities also. The newly renovated Paracelsus Bath is also in the immediate vicinity. With Lake Tegeler and Tegeler Forest, the district has large expanses of water and green that occupy more than a quarter of the district area, an absolute record in Berlin. Thanks to the 23 bus, three S and two metro lines as well as the city highway A 111, the paths in Reinickendorf are short, and in a few minutes, you can easily reach Berlin city Centre.