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Although located close to the busy Hermannstrasse in Neukoelln, Berlin this property enjoys a quiet side street position. Two railway stations are close by offering excellent transport links across Berlin. The main shopping and recreational area is on the door step offering an extensive range of boutiques , restaurants and bars.
The property dates back to 1905 though modernized offering excellent quality accommodation. The building offers 31 residential and 2 commercial units with a total floor area of 2108m2 built over 5 floors including the developed attic. The actual rental income is 106,000 euros with a yield of 5.4% although 126,000 euros is anticipated which would be a yield of 6.4%.
Features:
- Fully licensed and bonded auctioneering company (S1229A) - Or call to our offices - Phone us now for more information - Selection of Excellent Properties in the area to view - Inspection Trips Available www.locations.ie