Fritz-Reuter-Str.

Schoeneberg, Berlin, Germany

About the Development

This property was built in 1905 though completely modernized to include new bathrooms and central heating. The building has retained a number of period features. The roof space has been converted into residential units featuring built-in kitchens.

City: Berlin
Area: Schöneberg
Street: Fritz-Reuter-Str.
Tenanted: yes
Yield: 5,4 %
Type: Apartment Block
Size: 2121 m²
Price from: 2,563,000 €

The property comprises of 33 residential (2013m²) and 1 commercial units (108m²) as well as a store room (18m²). The beautiful façade also retains a number of period features and the property includes an inner yard.

This apartment house is located in central Berlin in the area of Schoeneberg. The local transport links are excellent with the railway station walking distance and a motorway access in the neighborhood. The area has a huge variety of quality shops, restaurants and cafes. Schoeneberg is a well established, highly desirable residential area of Berlin and as such represents a first class investment opportunity.

The rental income exceeds 137,000 euros per annum producing a yield of 5.4%.