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Ringbahnstr., Berlin

EUR 595,000

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.

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Ringbahnstr.

Neukoelln, Berlin, Germany

Status	Available
Price From	595,000 EUR

About the Development

City: Berlin
Area: Neukolln
Street: Ringbahnstr.
Tenanted: yes
Yield: 6,1 %
Type: Apartment Block
Size: 729 m²
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.