ID: 1713
House

Profitable object for sale Berlin, Germany

Profitable house in Berlin - Reinickendorf. Profitability 3,2%

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€1,750,000
Profitable house in Berlin - Reinickendorf. Profitability 3,2%

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Additional Information DESCRIPTION
We are glad to offer you a 4-storey residential building located in Berlin in the district of Reinikkendorf. The object was built in 1955 on a plot of 650 sq. m. and is in a good condition. In the courtyard there are several garages.
 
Price - 1 750 000 euros
Total area - 660 sq.m.
Annual rental income - 55,800 euros
Profitability - 3.19%
 
Reinickendorf is a district in the Berlin administrative district of Reinickendorf. It borders in the south with the Wedding district (Mitte district), in the east with the Niedershenhausen and Wilhelmsru (Pankov district) districts, in the north with the Wittenau and Borsigwalde districts and in the west with the Tegel district (Reinickendndorf district). It is a place with quiet sleeping areas, forests and parks for walking.
 
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!
Additional Information PROPERTY DETAILS
  • Object: Profitable houses
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Reinickendorf, Berlin, Germany
  • Land Area: 650 sq m
  • Total Area: 660 sq m
  • Sale Price: €1,750,000

Financial Information

Price
€1,750,000
Guaranteed rent
Rent Income per year
€55800
Rent Income per month
€4650
Profitability
3,19%
Payback
31,4 years
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

Parking place
Additional Information OTHER INFO
FEATURES
Profitable house with tenants in Berlin for sale
Profitable house with tenants in the capital of Germany for sale
Commercial property with tenants in Berlin for sale
Commercial property with tenants in the capital of Germany for sale

ATTRIBUTES

Land Area: 650 sq m
Total Area: 660 sq m
Year Built: 1955
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