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Warthestr., Berlin

EUR 38,145

This excellent studio apartment is located on the third floor of this beautiful 5 storey period building in Neukoelln, Berlin. The studio offers central heating and a balcony as well as a cellar storeroom.

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Warthestr.

Neukoelln, Berlin, Germany

Status	sold
Price From	38,145 EUR

About the Development

City: Berlin
Area: Neukoelln
Street: Warthestr.
Tenanted: yes
Rooms: 1
Baths: 1
Type: Apartment
Size: 42,86 m²
Price from: 38,145 €

The property has a quiet situation in a tree lined street just off the busy heart of Neokoelln“ Hermannstrasse.. This location offers the full range of shops, bars and restaurants as well as excellent, nearby below and above ground rail links ( Hermannstrasse station).

The property currently yields 5.5% but the ability exists to increase the rent which would offer a potential yield of 6.7% !! At this price and yield this property offers an excellent first investment in Berlin property.