Attractive Investment Package with Residential and Commercial Use with 3.6% Yield

€ 260,000

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+49 30 240 356 64
+49 30 240 356 68
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Property Specification

Ref: IM112
Price per m²: € 1,970
Size: 132.00 m²
Floor: Souterrain
Rooms: 5
Bedrooms: 3
Bathrooms: 2
Type: Apartment
Status: Tenanted
Rental per month: 778,21 €
Year Built: 1910

3 Bedroom Apartment in Friedenau

Description

The building was built in 1904 and has been well preserved over the years. The property is listed as a historical monument. The property consists of two buildings with separate entrances, which share a common courtyard and basement. The backyard is well maintained and offers space for bicycle parking. The front garden is always maintained and looks beautiful in the spring and summer. The building was divided into individual units in 1998. Since it is a listed building, an energy certificate according to the Energy Saving Ordinance is not required.

Equipment description

The unit offered here is currently divided into two separate rental areas.
The larger rental area (3 rooms) has an area of 73.70m ², and is allocated to the smaller rental area according to the declaration of partition as a special right of use. Currently, these premises are rented, which have a separate access. The kitchen is well equipped and maintained, the bathroom is flooded with light.
The smaller rental space (part ownership, 57.95m²) is currently also rented as commercial space, has 2 rooms, a kitchen and a guest toilet with shower connection. There is a possibility to open the two rooms and create a large, spacious apartment.
**If you are interested, you must plan at least 50% equity capital for the acquisition, because currently a financing can not be higher due to the existing conditions (part ownership and special right of use).**

About

Located in the southwest district of Friedenau the area is well connected. Lauterstraße is located just on the edge of the ring bahn at Innsbrucker Platz. From here you can access the S41, S42, S45 and S46. The ring bahn offers access from one side of Berlin to the other in half an hour and the S45 goes directly to the newly constructed BER International Airport. You can also take the underground U4 which cuts through Wilmersdorf and Schöneberg. There are also various bus routes from the station. An equal distance away the ring bahn is found at Bundesplatz which also gives access to the U9 which stretches from Rathaus Steglitz through Charlottenburg into Mitte and finishing in Osloer Str. in Wedding. The nearest shops for daily needs include Lidl, Netto, Rewe and Aldi Nord. There are also a variety of cafes and restaurants in the area and upon Hauptstraße you will find the Zig Zag Jazz Club offering you Blues, Soul and Jazz performances while you enjoy cocktails and bar bites.