Grunewaldstr.

Schoeneberg, Berlin, Germany

Status	Available
Asking Price	45,000  EUR

 

About the Development

This studio apartment is on the first floor of a five storey, modern apartment house in Schoeneberg. The property built in 1968, offers a fitted kitchen, central heating, tiled bathroom, cable TV, telephone and a balcony.

City: Berlin
Area: Schoeneberg
Street: Grunewaldstr
Tenanted: yes
Yield: 7.6 %
Rooms: 1
Baths: 1
Type: Studio
Size: 31 m²
Price from: 45,000 €

The basement includes a storeroom and community laundry. The property has a superb location in the heart of Schoeneberg. The nearest underground station (Bayerische Platz) is only 200 metres away.

The shops and amenities of central Berlin are close by with KaDeWe and the KuDamm less than 2 km. The immediate neighborhood has a wealth of shops, restaurants and cafes. Schoeneberg continues to attract both tenants and visitors to Berlin and is much in demand.

This apartment delivers a net yearly rental income in excess of 3400 Euros which equates to a terrific yield of 7.6%. Why wait?????