Apartment building in an emerging neighborhood in the Berlin district of Moabit.
Description
The property consists of a front building with an adjoining right side wing from the turn of the 20th century. The left part of the front building was added in the 1960s.
The apartment building includes a full basement level, 23 apartments with a total area of 1,818 m² and 10 parking spaces in the yard.
The flats, most of which have balconies and some
of which have French windows, can all be reached by a
central staircase and have been successively renovated by
the seller over the past few years.
The house is heated via district heating and presents itself in simple, but well-maintained condition. There is a passenger elevator.
The attic floor of the front building was converted for residential use around 1996.
The absolute annual income is 193.240 €.
The current yield is 3,3%.
The expected annual income is 216.010 €.
The expected yield is 3.7%.
One apartment is vacant
The property is located in an emerging neighborhood in the Berlin district of Moabit. There are day-care centers, schools, medical facilities and shops for daily needs in the immediate vicinity of the property. The recently opened “Schultheiss Quartier” attracts people from Moabit as well as from neighboring districts. A wide range of restaurants, cafés and cultural facilities can also be found nearby. The riverside paths of the nearby Spree invite one to stroll and engage in recreational activities.
The public transport connections are optimal, the underground station and the urban railway station can be reached on foot in about five minutes. By car, one can reach the nearby motorway entrance in about 15 minutes.
The city center can be reached in about 20 minutes.
Berlin is the capital of Germany with the population more than 3.9 million people.
Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. Several large corporations, such as Siemens, Volkswagen, Pfizer and SAP, have headquarters in Berlin.
2 airports of Berlin — Tegel and Schönefeld — serve more than 40 million passengers a year.
Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.
