Investment in rental property with great potential and magnificent view in Kreuzberg

€ 659,450
Paul-Lincke-Ufer 4
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Showroom Showroomcorridor entry building entry courtyard balcony Building plan

Overview

  • Updated On:
  • Januar 4, 2018
  • 3 Bedrooms
  • 1 Bathrooms
  • 121 m2
  • Year Built: 1890

4-room apartment of charm at the heart of Kreuzberg

This magnificent renting apartment with great potential in front of Landwehrkanal, built in the wilhelminien style, benefits from two entrances for an optimal practicality. Via the quiet and elegant courtyard, the internal entrance opens on the left, on two magnificent southward rooms and offering a magnificent view on Landwehrkanal; one has an elegant balcony that you can enjoy the sun.

In the entrance, you will also find separated toilets and a storeroom, which you can easily transform into a cloakroom. On your right, a pleasant and spacious living-room opens on the kitchen. By crossing it, you will arrive at the second entrance, which establishes spacious one corridor with a storeroom, a practice space of arrangements. On your right, another room, with a personal storeroom, which you can convert into a dressing room. Next to this one, you will find a beautiful and pleasant bathroom. By its peace, its luminosity and its size, this apartment is an excellent choice for a rental property investment.

Besides, between 2014 till 2016, a big part of common areas benefited from works of modernisation of an investment about 3 million euros. Among these works e.g.:

  • Complete renovation the facade
  • Exchange of a big part of the windows
  • New balconies in the courtyard
  • Renovation of all the stairwells
  • New front doors of apartments
  • New shared terraces for apartments 
  • Renovation of the inner courtyard
  • Elaboration of new front gardens
  • New space of garbage
  • Until 100Mbit / possible / the telecommunications network in the house

Finally, two terraces were fitted out on the roof as well as the parking places for bikes in the inner courtyard, assuring an attractive investment for the rent by families.

Equipment and caracteristics

  • apartment WE06
  • 2nd floor
  • 121 m ²
  • balcony
  • three bedrooms
  • three storerooms
  • rented
  • the apartment is rented in the long term
  • the common areas and the comparable apartments can be visited any time
  • from this year, every owner will benefit about 15 / 35m ² from the community terrace a free use of which he can make

Location

The district of Kreuzberg is an oasis of peace and green in the heart of livened up Berlin. It is indeed one of the most wanted and the most active districts of the capital. Young active person, families and students meet in this district, which offers an abundance of cafés, restaurants and other shops.

Ideally located, close to the Göritzler Park and to the Treptower Park, connected to the all other territories of the city with its near bus stops and subway, and because of its unique view on Landwehrkanal, this apartment is an investment of choice within a charmy district, particular to Kreuzberg.

Miscellaneous

7,14 % agency fees on the purchase price. Please get in touch with us to see this property in Kreuzberg.

Contact us

Address: Paul-Lincke-Ufer 4
Zip: 10999
Country: Germany
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Property Id : 19018
Price: € 659,450
Property Size: 121 m2
Rooms: 1
Bedrooms: 3
Bathrooms: 1
Custom ID: WE06
Year Built: 1890
Structure Type: Altbau
Floor: 2
Agency fees: 7,14%
Net rent: 584
Availability: Rent

Niels Schnatz

Real estate broker

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