Investment Apartment in Sought After Neighbourhood

€ 189,684

Property Specification

Ref: BB455.2
Price per m²: € 4,400
Size: 43m²
Floor: 1
Rooms: 1
Bedrooms: 0
Bathrooms: 1
Type: Apartment
Status: Tenanted
Rent Yield: 2.52%
Year Built: 1996

Studio Apartment in Prenzlauer Berg

Description

• The property was built in 1996 as a residential and commercial building with 37 residential units and a commercial unit (on the ground floor). • The property consists of five floors and is located on the corner of Danziger Straße and Paul-Heyse-Straße. Access is via Danziger Straße. • In 2017, the building was split up and individual land registers exist for each apartment. • All staircases and main entrance areas are bright and well maintained. • The courtyard area is landscaped with lawn and green areas. • Underground parking is also available and accessible via Paul Heye Street. A car lift in the 1st basement is available. Ample parking is available in the form of double-combination lifts. • The apartments offered here are currently rented. Termination for own use (§ 577a Abs. 1 BGB) can only take place after ten years. Further details can be found in the legal text. • The buyer acquires the position of a majority owner when purchasing a parcel. • There are a total of 18 apartments in this property for sale • The apartments are divided into sizes between 41,69m² - 51,18m² (1-room, kitchen, bathroom), 62,59m² - 71,09m² (2 rooms, kitchen, bathroom) and 76,32m² and 75,46 (3 Room, kitchen, bathroom). • The apartments are individually designed and very bright due to their large window fronts. • The residential units are located on the first to the fifth floor, which are accessible via a staircase or a lift. • There is a common room on the ground floor which is currently used as a retail store. • The apartments on the 1st to 5th floors in the Danziger Straße have a balcony or conservatory with main street and sun exposure and views of the Volkspark Friedrichshain and the TV Tower. • The apartments on the 1st to 5th floors along Paul-Heyse-Straße offer partial views of the park. The 4th and 5th floor of the wing function as a duplex apartment. • The 6th floor is equipped with penthouse apartments with roof terraces as staggered floors.

About Prenzlauer Berg, Berlin

In a very good residential area, the apartments are located in a well-kept new building in the central district Prenzlauer Berg the capital Berlin. In the life-filled ambience of the Prenzlauer Berg, this renovated old building is located directly on the large, green and versatile Volkspark Friedrichshain. This completes the offer of active leisure activities or a relaxing picnic with the family and friends. The "Wins-Viertel" with its innumerable bars, cafes and small shops is accessible as a public and experience magnet in less than 10 minutes. The S-Bahn station "Landsberger Allee" of the Ringbahn can be reached within a few minutes on foot and offers a direct connection to all parts of Berlin by public transport. Furthermore, several tram lines operate in the immediate vicinity with fast connections to Alexander Platz, Warschauer Straße and Berlin Central Station.Infrastructure (within 3 km): Numerous offices, pharmacies, food discounters (Netto and Rewe), general practitioners, 5 kindergartens, 6 primary schools, high schools.