ID: 1511
House

Residential house with commercial facilities for sale Berlin, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€1,280,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this residential building with commercial premises in Berlin, Rudov district.

Total Area – 518 m2

Land Area – 398 m2

Residential Area – 428 m2

Commercial Area – 90 m2

Price – €1,280,000

Current revenues from the rent – €52476

Current Rate of return – 4.1%

Year built – 1934 (overhauled in 2005)

The property includes 5 residential apartments and 2 commercial premise. Currently they are a café (40 m2) on the first floor and a storage on the basement (50 m2). All the properties are fully rented now. All lease contracts are perpetual.

Rudov district is located on the outskirts of Berlin and is part of Neukölln district.

If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.

Do not miss a unique opportunity to have a residential building with commercial premises in Berlin!

Additional Information PROPERTY DETAILS
  • Type of Property: Residential house with commercial facilities
  • Property Type: Secondary market
  • Status: Good
  • Location: Neukölln, Berlin, Berlin, Germany
  • Living Area: 428 m²
  • Land Area: 398 m²
  • Total Area: 518 m²
  • Sale Price: €1,280,000

Financial Information

Price
€1,280,000
Rent Income per year
€52476
Rent Income per month
€4373
Profitability
4,1%
Payback
24.4 years
Installment
Mortgage

Purchase Cost

Agency commission
7.14%
Tax on the purchase
6%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 428 m²
Land Area: 398 m²
Total Area: 518 m²
Year Built: 1934
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