Full Description

BEAUTIFUL VIEW ON NEAR BY PARK.

Build in 1908 this studio is in very good condition and equipped with a laminate floor and a pleasant tiled bathroom. It is located nearby a beautiful park as well as to the Hermann's square, where you can find a lot of shopping facilities among others one of the biggest department stores in Germany. Two nearby subway stations and the inner city highway connect you to the rest of the city. This house is situated in an inner-city quarter created during the "Gruenderzeit" in the Berlin borough of Neukoelln.

In the near proximity lies the Park Hasenheide. The traffic connection is optimally provided by public transportation and by car. In the Sonnenallee, even in the nearby lying Karl-Marz-Strasse, there are many shopping possibilities, restaurants and cafes. The infrastructure can be described as very good. It is a five-storey corner building, completely constructed with basement, consisting of two front houses and a right side-wing, which are accessible by three staircases. The attic floor is not constructed yet. The apartments are equipped with modern bathrooms and gas single-storey heating. Windows and floors were modernized. From the 28 apartment units, some of which were consolidated, 16 units have balconies. The house is completely let. There exists an enormous potential for rent increase.

Neukoelln lies in Berlins south and distinguishes itself especially through its multicultural character. People from various nations meet at the lively and coloured weekly market on the Hermann's square. At the north side of Neukoelln you will find many canals and waterways, the castle Britz and the remarkable beautiful Garden of Britz. In Rixdorf which is also a part of the district, is one of the most beautiful downtown old-building-quarters with over 250 years old architecture where you will completely forget the fact that you are in the middle of such a big city.

Key selling points:

- Very good state of maintenance
- Excellent traffic connection
- Property is currently vacant and ready to move in
- Perfect to rent out for investment
- Low investment - high return

Neukoelln
Germany, Berlin, Neukoelln

Studio 41m2 to 41m2 - 34284 to 34284 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 9.33%