Soehtstr.

Steglitz, Berlin, Germany

About the Development

LONG TERM TENANTED APARTMENT – STEGLITZ

This first floor, studio apartment has been with the same tenant since 1981 – we would guess they quite like it!! This modern apartment, built in 1974, is located in the front building and offers central heating. In addition, the apartment has a designated parking space.

City: Berlin
Area: Steglitz
Street: Soehtstr.
Tenanted: yes
Yield: 5 %      
Rooms: 1
Baths: 1
Type: Studio
Size: 40.53 m²
Price from: 65,000 €

The property is located in the very attractive and desirable area of Lichterfelde-Steglitz near to the exclusive residential areas of Dahlem and Zehlendorf. This green and mature neighborhood offers a wide range of local shops and amenities as well as the recreational areas along the Teltow canal. The nearest rail station (Lichterfelde Ost) is approx 1.5 km. Although a suburb of Berlin there is quick and easy transfers to the city centre or alternatively out of Berlin.

This tenanted studio has an annual net income of 3204 Euros which delivers a very acceptable 5% yield.