Block of flats for sale

Am Buddeplatz 2, Berlin, Brandenburg And Berlin, Germany

Building Type: Residential &
Commercial
Total Rental Area: 1,240 m²
(206 m² commercial space)
Floors: 4 floors with 20
residential and 2 commercial
units
Construction Year: 1905
Modernization: Half of the
apartments were modernized
in 2023, featuring new
insulated windows and a fully
insulated facade

Neighborhood:
The property is located in Tegel, within
Berlin's borough of Reinickendorf, known
for being one of the greenest districts in
the city.
Enjoy proximity to parks, riverbanks, and
the Borsig Halls shopping center, all while
benefiting from excellent public transport
and road links.

Asking Price: 3,620,000 eur
Investment Potential: All apartments
are rented, with half available for short
Term rentals. This offers an
opportunity to increase the rental
income by 5% annually.
Current Rental Income:
Yearly Income: 157,484 eur
Monthly Income: 13,124 eur
This property is ideal for a smart
investment, offering stable rental
income with room for growth.
Yield 4,35%
Price per m2 – only 2 919 euro!