Renovated Tenanted 2-Bedroom Apartment near Volkspark Friedrichshain

€ 312,000

Property Specification

Ref: BB410
Price per m²: € 3,999
Size: 78m²
Bedrooms: 2
Bathrooms: 1
Type: Apartment
Status: Tenanted
Rent Yield: 2.13%
Year Built: 1900

2 Bedroom Apartment in Friedrichshain

Description

This 2 -bedroom tenanted apartment recently renovated, located (Front building 4th floor left) in Straßmannstr. 24, Berlin Friedrichshain. The 78.01 m² apartment consists of a spacious living room, two separate bedrooms, a spacious kitchen and a bathroom / WC, as well as a hallway and an entrance area. A small balcony (street side) is connected through the living room allowing you to have a more inviting and bright living room. The two bedrooms face the courtyard allowing you to have sufficient light and calm. The Kitchen is adjoined to the living room offering enough space for various kitchen furniture and a dining area. The entire apartment is supplied via the gas central heating system which was installed in 2017. The tiled and modern bright bathroom is fully equipped (bath, sink and toilet). All furnishings as well as all pipes / fittings are in good and well-maintained condition. In the hallway is a built-in wardrobe allowing you to have sufficient storage space. Built in 1900 and refurbished in 2015 to 2016, the house looks and feels fresh. The facade, the roof and the Entrance areas / staircases are freshly renovated and well maintained. The cellar is dry and is in a good repair. The garden is well maintained and well cared for and gives a good impression. The apartment is currently rented to a good level. Overall, the apartment presents itself in good condition and therefore, represents a solid investment for rentals. Because of a new lease or owner-occupancy requires small modernization measures. During the modernization and based on the current Rental levels there will be enforced in September, a rent increase by about 80.00 €.

About Friedrichshain, Berlin

The property is located in a prime location of the district Friedrichshain near the Volkspark Friedrichshain and the Frankfurt gate. The district is very centrally located (between Kreuzberg and Prenzlauer Berg) and is one of the most popular residential quarters in Berlin. Friedrichshain belongs to the eastern Berlin districts, with a very good infrastructure, a well-kept gastronomic scene and a rich sports and leisure offer. The location is known for its many bars, clubs, pubs, and cafes, concentrated in and around Simon-Dach-Strasse and Boxhagener Platz.  As Friedrichshain’s popularity rises and improvements to the local area reflect confidence in this district and pave the way for large scale capital appreciation. With fast and frequent transport links, tree-lined avenues, popular schools, social life and amenities there is increasing demand for rental properties amongst Berlin’s growing young professional classes.Public transport links are on your doorstep, as is the stop of the tram (M10) or are within easy walking distance, such as the subway station Frankfurter Tor (U5). About the tram and the subway, as well as by various bus. The M10 connects East with West and the U5 can be reached just in a few minutes, Alexander Platz. The nearby motorway connection to the ring road (A100) and several highways (B96 and B101) ensure a speedy car connection in all directions. There is a very high demand for prospective tenants at the location of the property. Especially Students and professionals.