Quiet Courtyard Apartment in Historic 1910 Building

EUR €99,000 (USD $115,290) *current conversion
Berlin, Germany

Property Highlights

  • Quiet courtyard location away from street noise
  • Separate kitchen with window
  • Gas floor heating with individual control
  • Reliable long-term tenant since 2016
  • Functional condition suitable for modernization
  • Approx. 42 m² living space

Overview

Charming old apartment in a quiet backyard - solid investment with long-term tenancy This well-designed 1-room apartment is located on the first floor of the quiet rear building of an old building ensemble from 1910. The location in the courtyard ensures a pleasant living environment away from the noise of the street. With approx. 42 m² of living space, the apartment offers a well-proportioned living room/bedroom, a separate kitchen with window and a bathroom. The unit is heated by a gas floor heating system, which allows for individual consumption control. The apartment has been rented reliably since 2016 and currently generates a monthly basic rent of € 385. The house fee is € 180 per month, of which around € 65 is apportionable and around € 64 is allocated to the maintenance reserve. The apartment is in a functional condition. In the future - for example in the course of a later change of tenant - modernization (especially in the area of surfaces, bathroom or kitchen) could make sense in order to fully exploit the potential of the old building. The property is ideally suited as a long-term investment with a stable tenancy and manageable administration costs. The quiet courtyard location is rare in this form in inner-city neighborhoods and offers a pleasant retreat.
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Property Features

Berlin, Germany offers the following features:

Bedrooms: 1
Bathrooms: 1 Full
Living Area: 452.08sf
Property Type: Residential
Status: Active
Reference ID: 25087027A

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