Description

This rented 2-room apartment on the elevated ground floor presents an excellent opportunity for investors. It has been reliably rented for over 20 years, currently occupied by a retiree who pays punctually and maintains the apartment well.

The living room faces the street, but benefits from good insulation, ensuring a pleasant atmosphere. The original wooden floorboards add character and offer refurbishment potential through sanding and refinishing.

The bedroom and spacious kitchen are quietly located facing the green courtyard. The modern shower bathroom with a window has been renovated and is in excellent condition.

Service charge details:

Monthly service charge: €209, of which €38 are non-allocable and €24 go into the maintenance reserve.
The tenant pays a monthly net rent of €271, plus €115 for operating and heating costs.
The community reserve fund amounts to approximately €1,050,000, ensuring a solid financial foundation.
No renovation work is currently planned, ensuring a stable cost structure.

The combination of historic charm, stable tenancy, and a prime location in Berlin makes this property a long-term valuable investment with development potential. A secure investment in a highly sought-after location!

Features

✔️ 2 rooms – well-designed layout
✔️ Rented for over 20 years – stable rental income
✔️ Original wooden floorboards – charming, with refurbishment potential
✔️ New shower bathroom with window – modern & well-maintained
✔️ Central location in Charlottenburg – valuable & stable investment