Ejendomme

Here we offer a multi-family house with 28 flats and 3 commercial units in the Schillerkiez, which is part of the district Neukölln.
The houes has five storeys and consists of a front and a back building as well as a side wing. All units were declared condominiums in 1998.
The property was modernized in 1989 and got an elevator, a thermally insulated façade, a central gas and water heating system.
All flats of the front building got balconies, the flats under the roof got terraces.
Three flats in the back building are under modernization now and this is planned for four further flats too. The purchase price will decrease if the future owner would arrange the planned modernization himself.
There is still an immense capability in the rental income which can be realized by modernization and the letting of the free units.
The property built in 1910 is centrally located, close to Hermannstraße and the underground stations Leinestraße and Boddinstraße. Large and small shops are just around the corner.
The new plans to use the former city airport Tempelhof in the future will cause an enhancement in value of the property as well.

Broker's fee: 7.14% including 19% VAT

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