Reuterstr

Neukoelln, Berlin, Germany

About the Development

VACANT APARTMENT HOUSE - HOTEL DEVELOPMENT

A rare opportunity to find a well located, mainly empty apartment building which would be ideal as a hotel development, for example. The property is located in central Neukoelln close to the main arteries of Karl Marx Strasse and Hermann Strasse.

City: Berlin
Area: Neukoelln
Street: Reuterstr.
Tenanted: no
Type: Apartment Block
Size: 1906 m²
Price from: 1,406,900 €

The building is less than 300 metres from the nearest U-bahn station (Hermannplatz). The immediate local area has a wealth of shopping options as well as amenities and recreational facilities.

The property was built around 1900 and comprises of five storeys plus a cellar. The arrangement is a front and rear house connected via a side wing. There are 41 residential units (1906 m²)on a plot size 1034 m² – currently only 8 are tenanted. In recent years the roof surface has been renewed and the facade refurbished. All apartments have central heating.

This property is available at the bargain price of 738 € per m² !!