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French leaseback property

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Perfect Friedrichsain location

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Simon-dach-str
Germany,Friedrichshain ,Berlin

3 bedrooms, 2 bathrooms - 110 sqm - 175,000 EUR
3rd floor of 5

Commission : 4%

Year of construction : 1907
Year of renovation : 1994
Price per sqm : 1591
Cold rent yield 5.00 %

Status: Available

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This is a beautiful old house with a beautiful stucco facade which was built in 1907. The house has 39 residential units and is in good condition. It was completely renovated in 1994 and in the following years other parts of the house were modernized (windows, roof, heating system).

The apartment is very well planned. It has been owner occupied since the renovation 14 years ago. The house rental is also excellent and there have been no vacancies for years. This is typical of a good property on this street.

It is on the 3rd Behind floor in the rear house (the quiet part) and all windows overlook the beautiful courtyard. The apartment is actually divided into 2 separate units of 72 sqm and 38 sqm, which can be used separately or rented. The rooms are bright. Ceilings are decorated with stucco. The larger residential unit has a mosaic parquet floor, and the smaller a carpet. The apartment has 2 tiled bathrooms with bathtub. The windows are partly the original Altbau wooden double closing box type and some are new PVC. The house has modern gas central heating - boilers and burners have been completely redone in 2007. The apartment has DSL, phone and cable and in the block 2 basement rooms and 2 mailboxes. Since the beginning of Sept both apartments have been vacated and 2/3 of floors have been polished and resealed.

It is in arguably the most popular street in Friedrichshain (Simon-Dach-Str), a lively, young location and close to Prenzlauer Berg and Mitte. It would suit short or long term lets. The area is an attractive residential area with excellent infrastructure and a very nice neighborhood. Very good Kitas, schools, shops, cafes, restaurants, parks and recreational facilities are walking distance. At a few minutes walk is Boxhagener place where on Saturday and Sunday you have two of the oldest and most beautiful of Berlin weekly market. In the vicinity are several Organic outlets and a large organic supermarket. Nearby are the media center on the Spree (Media Spree) and the O2 Arena. In a few minutes you can reach Alexanderplatz and the government district and Potsdamer Platz. The nearby public parks Friedrichshain and Treptow Park offer numerous sports and leisure facilities. The transport connection is excellent, alongside the S-Bahn, subway line 1 and 5 and various trams at short walking distance. In 2 minutes you are at Ostbahnhof and 10 minutes drive to the new central train station.