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Marthastr., Berlin

EUR 561,000

TENANTED APARTMENT HOUSE – PANKOW

This attractive period building dates back to 1900 but has been extensively modernised since. Built on a plot size of 870m2 the property offers six residential units (total floor space 387m2) and two commercial units (110m2).

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Marthastr.

Pankow, Berlin, Germany

Status	Available
Price From	561,000 EUR

About the Development

TENANTED APARTMENT HOUSE – PANKOW

This attractive period building dates back to 1900 but has been extensively modernised since. Built on a plot size of 870m² the property offers six residential units (total floor space 387m²) and two commercial units (110m²).

City: Berlin
Area: Pankow
Street: Marthastr.
Tenanted: yes
Yield: 6.5 %
Type: Apartment Block
Size: 497 m²
Price from: 561,000 €

The rental income exceeds 36,000 Euros yearly achieving an attractive 6.5% yield. This beautiful building offers balconies and central heating. The property is in a quiet location yet only 800 meters from the nearest railway station (Wilhelmsruh). With the appropriate permission the roof space could also be developed.

Pankow offers an attractive investment opportunity due to the excellent value for money – this superb, modernised property is available at only 1129 Euros/ m²!!