PROPERTY FEATURES
Asking price
€ 239.000
Rent P.A.
€ 3.384
Size
51 m2
Yield
1.4 %
FOR SALE

Rheingaustraße 19, Berlin, Germany

Property Description
On the first floor of a well-kept residential building, a two-room apartment with an area of 51 m² is offered for sale. The apartment is rented for an unlimited period at a monthly rent of 282 euros per month. 3384 euros per year. All apartments are with large windows, high ceilings, and balconies with the storage space. Also, the kitchen is separated from the bedroom and living room.

INVESTMENT INFORMATION
Asking price: € 239.000,- 
The apartment is currently rented. The yearly rental income is: € 3.384,-
Forecast gross yield: 1,42%

Building

A well-maintained building with a pleasant facade and excellent location. In front, there are sun balconies and large windows. And, there is a green courtyard where you can tie a bicycle to a beautiful red roof building. The lobby and stairwells are clean, walls are painted in white, and the stairs are lined with red carpets. The building has 25 apartments on 4 floors covering a total area of ​​1200 square meters.

The location an ideal in the Friedenau neighborhood. It located between two underground stations, which can be reached in a few minutes on foot. This means that it directly connected to the U2, U3, and U9 lines as well as bus line 186. In close, there are many entertainment places such as restaurants, cafes, and shops.

Area
The extended district of Tempelhof-Schönberg extends from the center of the western city to the southern border of Berlin. Schönberg, in the inner city, consists mainly of neighborhoods with old buildings that are associated with the upper-middle price bracket. The most expensive and desirable buildings are close to Kurfürstendamm with the famous KaDeWe, while in the south and east the apartments are more modest, including state-owned apartments and social housing.

Neighborhood Information:

Number of residents: 346,108

Area: 53.05 square kilometers

Residential units: 181,149

The high density of the population is explained by the fact that the area is built almost entirely with residential buildings. Commercial properties are the exception here and there are no major rail or leisure areas. The residents of Fridenau enjoying life in their attractive green streets, even though there is no shortage of shops, restaurants, and fashionable culture. Purchasing power, similar to rental height, is one of the highest in the province.

Map
Rheingaustraße 19
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