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Ref: PV413 - Apartment in Charlottenburg

Price: 81,600€
Type: Residential
City: Berlin
Potential Yield: 6.72%
Approx. Size: 63 sqm


The building is located in the central city location in the district of Charlottenburg with close proximity to popular destinations such as Exhibition Centre, the Olympic Stadium and the Spree. Located in the West End district of Charlottenburg, this one of the most popular residential areas of Berlin. Some parts of the west now have an urban setting with the typical old Berlin-houses, giving the the district of his own flair. The great recreation area Grunewald (Greenwood) with its lakes and wide walkways is just a bus or tram ride away. There is easy access to the Bus # 104 and the underground station Neu-Westend (line 2) is easily located within walking distance. Rents are currently under market value and a programme of rental increases should be adopted upon completion.

This 4-storey property is built in a closed design creating a 'park-like' rear courtyard and thus contributing to the green nature typical throughout the district. Originally built in 1928, the building underwent a comprehensive refurbishment in 1953, with attic conversions completed in 1993. Apartment has been tenanted since 2004.

Originally built in 1928, the building underwent a comprehensive refurbishment in 1953, with attic conversions completed in 1993.
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