This 62 sqm tenanted second floor one-bedroom Altbau apartment close to Rosenthalerplatz in Berlin Mitte is in excellent condition and is suitable for continued capital investment or the new owner could claim self-usage, subject to a statutory notice period of 12 months.
The apartment benefits from a balcony and features bright, spacious rooms with traditional high ceilings and large windows. It also has elevator access. The building has been well maintained and all the communal areas including the entrance hall, stairwell and inner courtyard are in excellent condition.
The current net rental income is 620,00 EUR (excluding utilities), corresponding to an annual return of 1.77%. Please contact our friendly international team for more information or advice on buying tenanted property in Berlin.
Black Label’s international team can offer advice on all stages of property purchase. Our team speaks fluent English, German, French and Mandarin. We work together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin, who are at hand to explain the financial and legal process of buying real estate in Germany.
We can provide you with a varied choice of properties to suit your needs - whether you plan to use it yourself or are looking for an investment.
We also offer property management packages for both furnished and unfurnished lettings, as well as a complete design and furnishing service tailored to your style.
Please get in touch with us now for more information.
Elisabethkirchstrasse is a quiet street located in central Mitte, around the corner from Weinbergspark and the popular Rosenthaler Platz. There are an abundance of trendy cafés, popular wine bars, and international restaurants in the surrounding streets: Brunnenstrasse, Invalidenstrasse and Torstrasse.
Shopping opportunites are exceedlingly easy with a large Rewe supermarket just 100m away, small ‘Späti’ supermarkets just around the corner, as well as chemists, doctors, florists and bakeries located at Rosenthaler Platz.
Public transport connections are fantastic with the U-Bahn Rosenthaler Platz station 600m away, just two stops from the city centre (Alexanderplatz). There are also a number of tram lines (M10, M8 and 12) in the direct vicinity, and the S-Bahn Nordbahnhof station also a short walk down the road (600m).