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Ringbahnstr.

Neukoelln, Berlin, Germany

Status Available
Price From595,000  EUR



 

About the Development

This apartment building dates back to 1896 although it was extensively modernised in 1985, which included the installation of gas central heating, new services, bathrooms, etc. The property has retained however, a number of period features including the old wooden doors.

City: Berlin
Area: Neukolln
Street: Ringbahnstr.
Tenanted: yes
Yield: 6,1 %
Type: Apartment Block
Size: 729 mē
Price from: 595,000 €

There are 12 residential apartments in sizes from 33 – 75 m2 with a total floor space of 729 m2. The plot size is 400 m2 and the annual rental income exceeds 36,000 € giving a very attractive net yield of 6.1%.

The property is located in Berlin-Neukoelln and the main shopping and commercial centers around Hermannstrasse and Karl-Marx Strasse are within walking distance. Public transport options are generous and the link to the Berlin ring road is nearby.

Ringbahnstr.
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