Profitable object for sale Berlin, Berlin – Moabit, Germany

Only 3,000 euros per square meter. Apartment building with commercial premises in the center of Berlin.

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€4,980,000

Only 3,000 euros per square meter. Apartment building with commercial premises in the center of Berlin.

Property for Sale in Berlin – Moabit, Berlin, Germany - Thumb

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DESCRIPTION

We present to your attention an apartment house with commercial premises in Berlin, the Tiergarten-Moabit district, in the immediate vicinity of the Turmstrasse metro station.

This building was built in 1975 on a land plot of 541 square meters.

The house consists of 6 floors. There are 9 residential and 4 commercial units located here. Of the nine residential units, seven are maisonettes, and two are apartments. Each residential block has a balcony.

In addition, a functional bank trezor is installed in the basement, which remained from the previous bank tenant.

On the ground floor there is a restaurant, on the second floor there are office premises.

The cost is 4,980,000 euros

Total area — 1,635 sq. m. (1,941 sq. m. with basement), including:

— residential 754 sq. m

— commercial 881 sq. m

— basement with trezor 306 sq. m.

Rental income — 188,000 euros / year (possible increase to 202,800 euros per year with full rental

Profitability — 3.77% (possible increase to 4.07%)

If you are interested in this and other objects, you can leave a request. Employees of our company will contact you in the near future and will provide you with objects that meet your request.

PROPERTY DETAILS