Three-room apartment on the ground floor with a garden.
Description
The building where the apartment is located was built in 1910.
Interior
The apartment includes 3 rooms, a kitchenette, a bathroom and a basement with a storage for bicycles.
It is possible to convert one of the rooms into an office with a separate entrance from the courtyard.
Equipment
- fitted kitchen
- warm floors
Financial performance
The absolute annual income is 12,600 €.
The current yield of 3.6%.
Tenants
The apartment is rented.
The lease agreement is valid until 31/03/2021.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
Brokerage fee is 6% + 19% VAT (in total 7.14%).
Location
The apartment is located in the area of Schmargerendorf in a walking distance from public transport and metro stations.
There is a supermarket, a hospital, a school and a park not far from the property.
The distance to the Kurfürstendamm Halensee is 1.2 km.
