Commercial and Residential Building

€ 1,330,000

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Property Specification

Ref: BB376
Price per m²: €2,003
Size: 664m²
Type: Block of apartments
Status: Tenanted
Rent Yield: 3.9%
Year Built: 1914

Block of apartments in Lichtenberg

Description

This 664.33m2 property is a well-maintained building of 10 Units, including 8 Residential Units (526.87m2) and 2 Commercial (137.46m²). All the necessary renovations have been carried out. The heating system is a gas system. The annual net rent is 51,950€, which is giving a yield of 3.9%.

About Lichtenberg, Berlin

The property is located on the Frankfurter Allee, in the district of Lichtenberg. It’s surrounded with many shops, two hospitals, and a few steps away from the Park Landschaftspark Herzberge.The building is perfectly connected to all central Berlin (15 minutes to Alexanderplatz), with main railway, S-Bahn and U-Bahn in the direct neighbourhood.