ID: 1682
House

Profitable object for sale Berlin, Germany

ID: 1682

Profitable building with commercial premises in Berlin - Friedrichshain
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€4,000,000
Profitable building with commercial premises in Berlin - Friedrichshain
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION
We are glad to offer you a profitable building with commercial premises in Berlin, in the district of Friedrichshain. The house was built in 1870 on a plot of 300 sq.m.
 
The house includes 2 commercial premises and 13 apartments. Currently, only 1 of the apartments of 71 sq.m.
 
The total area is 842 square meters, including:

- residential premises - 763 sq.m.
- commercial premises - 79 sq.m.
Price - 4 000 000 euros
Rental income - 72 016 euro / year
Profitability - 1.8%

Friedrichshain is an administrative district of Berlin within the district of Friedrichshain-Kreuzberg. The municipality of Friedrichshain clearly demonstrates the heritage of the GDR. Once it was the main gate of East Berlin. Kreuzberg, by contrast, was part of the occupation zone of the Western powers. In this area, the visible opposition of the systems was most acutely felt. The Spree River symbolically divides the two districts, and the Oberbaumbrücke bridge with the romantic red brick turrets and the gallery in the style of the fortress wall is no less symbolically connecting the incredible beauty of Oberbaumbrücke. The district of Friedrichshain, like no other, is rich in factory buildings, repair shops, and also has an old harbor.
 
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 a profitable building with commercial premises in Berlin!
Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Friedrichshain-Kreuzberg, Berlin, Berlin, Germany
  • Land Area: 300 sq m
  • Total Area: 842 sq m
  • Sale Price: €4,000,000

Financial Information

Price
€4,000,000
Guaranteed rent
Rent Income per year
€72 016
Rent Income per month
€6 001
Profitability
1,8%
Payback
55 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

Facilities

Near metro / stop
Near the shop
Apartment house
Additional Information OTHER INFO
FEATURES
Profitable building with commercial premises in Berlin for sale
Profitable building with commercial premises in Germany for sale

ATTRIBUTES

Land Area: 300 sq m
Total Area: 842 sq m
Year Built: 1870
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one of our advisors will be in touch regarding your enquiry