Puderstr

Treptow, Berlin, Germany

About the Development

This apartment building is located in the Treptow area of Berlin, near to the beautiful Treptow Park and the Spree riverside gardens. The area has excellent road and rail links and Schoenefeld airport is a short drive. The current construction of the New Berlin International Airport alongside the existing Schoenefeld site is expected to positively impact on the whole surrounding area.

City: Berlin
Area: Treptow-Kopenick
Street: Puderstr
Tenanted: yes
Type: Apartment Block
Yields: 5.9 %
Size: 1471 m²
Price from: 1,485,000 €

The property dates back to 1913 and was thoroughly modernized in 1997 including services and facade. The building comprises of 15 residential and 1 commercial units in a four storey apartment house. The building has gas central heating and most apartments have balconies. The property is in excellent condition and well maintained.

All units are currently tenanted producing a yield of 5.9%. The floor areas are residential (1260 m²) and commercial (176 m²) with a total floor space of 1471m².