This Berlin Altbau apartment is in good condition and is being taken good care of by the current tenant.
The property is currently rented to a young woman and can be seen as a good longer-term investment. The potential for growth in the value of your investment is high.
The apartment is bright, being on the 3rd floor and facing south-west. It is situated in the second back house, far away from the street and so is also extremely quiet.
The apartment comprises entrance hallway, living/sleeping room, bathrrom and kitchen. The space is used very well and a personal viewing is strongly recommended.
(The reason for the lack of internal photgpraphs is to protect the tenant’s privacy)
The building is in good condition and the building’s owners’ community has a healthy maintenance reserve of 111.995,88 EUR (31.12.2019).
Current rent details:
Nettokaltmiete: 258,33 EUR/Monat
Betriebskosten: 42,00 EUR/Monat
Heizkosten: 42,00 EUR/Monat
Bruttomiete: 342,33 EUR/Monat
Wohngeld nicht umlegbar (inkl. Rücklage): 89,00 EUR/Monat
LOCATION:
The apartment is on a very quiet and attractive side street, close to Seestraße in Berlin-Wedding.
Wedding is finally starting to fulfill its promise as Berlin’s “next big location”. Price development is already strong but prices are still favourable compared to many other areas.
Public transport links are excellent:
Seestraße U-Bahn station (U6) can be reached in by foot just 4 minutes.
Leopoldplatz U-Bahn station (U6 and U9) is close by.
The U6 reaches Mitte (Oranienburger Tor) in 8 minutes and then proceeds through Kreuzberg. The U9 runs westerly towards Zoologischer Garten and Ku’damm (11 minutes) and then on to the shopping paradise of Steglitz.
Müllerstraße is within 4 minutes’ walk and caters for all general shopping needs, including Karstadt at Leopoldplatz.
There are good quality large grocery stores just around the corner as well as several nice cafés and restaurants and the farmers’ market on Leopoldplatz.
There are three parks within 10 minutes’ walk: Schillerpark, Goethepark and Volkspark Rehberge.
The Charité Campus is just 12 minutes’ walk away.