Apartment in Berlin-Charlottenburg Nord - a reliable investment property

Property Description

For sale is a cozy apartment in ownership (the property is not a historical monument) in a well-maintained apartment building located in one of the most sought-after districts of Berlin - Charlottenburg Nord. The building was constructed in 1958 and is in good technical condition.

The apartment features a convenient and functional layout. The spacious living area provides enough space for comfortable living, while the balcony serves as a pleasant place to relax outdoors.

The building is equipped with a modern elevator, providing easy access to the floor. This makes the apartment suitable for people with limited mobility.

Currently, the apartment is rented out and generates a stable income. The monthly cold rent is €361, which corresponds to an annual income of €4,332. Thus, the property provides a yield of about 3.4%, making it an attractive option for investors.

Amenities

• Living area with a convenient and functional layout

• Balcony with good natural lighting

• natural ventilation through windows

• elevator in the building providing easy access to the apartment

• basement space for additional storage

• the building was constructed in 1958

• building modernization was carried out in 2002

• heating system updated in 1959

Financial Indicators

• Monthly rent: €361

• Annual rental income: €4,332

• Yield: about 3.4%

Location

The property is located in a lively residential area of Berlin - Charlottenburg. Within walking distance are several bus routes as well as the U7 subway line, providing convenient transportation to other parts of the city.

Nearby are restaurants, bakeries, supermarkets, medical facilities, and a shopping center. Also close by are green areas and parks, fitness centers, post offices, a bookstore, and a library.

This location provides a comfortable urban environment and easy access to all necessary infrastructure.

Miscellaneous

We will be happy to provide you with additional information about this property.

The data for this exposé has been provided by the property owner. GT24 Real Estate GmbH is not responsible for the accuracy of the information provided. All information in this exposé has been prepared in good faith, but does not guarantee its accuracy and completeness. The floor plans are for illustration purposes only. This exposé cannot be considered a legal basis.