Reichsstr.

Charlottenburg, Berlin, Germany

Status	Available
Asking Price	45,885  EUR

 

About the Development

This tenanted studio delivers an excellent yield of 5.5% in Charlottenburg.

Type: Apartment
State: Berlin  
City: Berlin
Area: Charlottenburg
Street: Reichsstr.
Tenanted: yes     
Rooms: 1
Baths: 1
Size: 35 m²
Yield: 5.5 %
Price: EUR 45,885

Description

The ground floor apartment comprises of an entrance hall, kitchen, bathroom with tub and living area. The centrally heated property is west facing and therefore, naturally light and bright.

The property, which dates back to 1927, is in the western end of Charlottenburg close to the Olympic Stadium. The nearest underground station (Neu Westend) is only 700 metres. Nearby also is the Berlin inner ring road. This popular and well established residential area is only 4km from the KuDamm area of central Berlin.

The tenanted apartment has a net annual rental income in excess of 2500 Euros which equates to the very attractive yield of 5.5%. An excellent investment property...........