ID: 1675
House

Profitable object for sale Berlin, Germany

Profitable apartments in Berlin - Pankow

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€4,200,000
Profitable apartments in Berlin - Pankow

Enquire about this Property

Additional Information DESCRIPTION
We are glad to offer you a profitable apartments building in Berlin (district - Pankov).
The object was built in 1900 on a plot of 872 sq. m. In 2004-2015, the building was modernized and overhauled. In 2014, heat insulation was installed, in 2017 a new roof was made and the attic floor was built, in 2018 a new heating system was installed. The condition of the object is good.
 
The house consists of 22 apartments. All of them are rented.
 
The total area is 1,460 sq. m.
Price - 4 500 000 euros
 
The house has a good location and excellent infrastructure. Nearby are public transport stops (bus, metro). Within walking distance - supermarkets, schools and kindergartens.

Pankov is the district in the northeastern part of Berlin. Pankov has borders with other districts: Niederschenhausen, Frances-Buchholz, Blankenburg, Heinersdorf, Weissensee, Prenzlauer-Berg, and also has a border with the Mitte administrative district. Pankov is a very quiet and beautiful area, which grew out of a small village of Slavic settlers of the early 14th century. It was here that the leaders of the GDR preferred to live before the unification of Germany, but today the majority of middle-class Germans live in Pankov. Places of interest: the largest synagogue in the country on the Reikestrasse, the park and the Schönhausen palace, as well as the town hall of the early 20th century.
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase an apartment building in Berlin - Pankow!
Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Pankow, Berlin, Germany
  • Land Area: 872 sq m
  • Total Area: 1460 sq m
  • Sale Price: €4,200,000

Financial Information

Price
€4,200,000
Guaranteed rent
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

Facilities

Balcony
Near metro / stop
Near the shop
Apartment house
Additional Information OTHER INFO
FEATURES
Profitable apartments in Berlin for sale
Commercial property in Berlin for sale
Profitable apartments in Germany for sale
Commercial property in Germany for sale

ATTRIBUTES

Land Area: 872 sq m
Total Area: 1460 sq m
Year Built: 1900
Floors in the building: 5
Enquire about this property
one of our advisors will be in touch regarding your enquiry