Commission-free: Refurbished 11% yield racer in the Mitte district (ETW Altbautraum)

---- THE ALL-ROUND CAREFREE INVESTMENT ---
- Freshly renovated old building
- Fully furnished and ready to move in, incl. fitted kitchen as good as new
- Already rented for you: Positive cash flow from day 1 in the heart of Berlin!
- Your total rental income from purchase is € 1,490 per month (€ 17,883 p.a.), i.e. > € 29.00/m²
- ...of which € 293 is a lump sum for operating costs, i.e. € 5.74/m²
- ...of which € 1,198 remaining NKM, i.e. > € 23.00/m²
- This means that your apartment will pay for itself even with a high loan component and a standard market annuity (e.g. 3.5% interest and 1.0% repayment)
- Gross initial yield of 4.7% / factor 21 BEFORE tax
- Gross initial yield of 10.8% / factor 10 AFTER tax, because we were able to achieve a multiplication of the depreciation (tax advantage) for you via a court-proof professional real estate appraisal

IMPORTANT: If you do not feel comfortable with a furnished rental (12-24 months each), we can rent the apartment for you at a net cold rent of €918 (€18.00/m²) for an indefinite period. This results in an additional payment of around €200 per month before tax and a positive cash flow of > €1,300 after tax. We stand by our figures and will discuss every decimal place with you on request.

--- From here on, the advertisement is formulated from the user's point of view (your tenant/your customer) ---

The property is located in the hip Moabit district of Berlin-Mitte. Directly adjacent to Moabit are the equally sought-after districts of Charlottenburg, Tiergarten and Mitte.

The 51 apartments in the owners' association are spread across 4 historically beautiful Wilhelminian-style buildings (front building, associated side wing, rear building, associated side wing). The apartment on offer is located on the 2nd floor of the side wing of the front building, which finally makes it possible for you to live undisturbed and quietly in the middle of Berlin. The brand-new windows are fabulously west-facing, which means you are sure to enjoy the red, dusky Berlin evening sun. This also gives your new home a bright, friendly and inviting character throughout the afternoon.

You enter the apartment via a hallway that connects directly to the brand-new, open-plan kitchen with high-quality appliances. It is perfectly adapted to the conditions in your home. It runs stylishly around the corner so that you can enjoy maximum space and living comfort every day. Via the hallway, you reach the completely renovated bathroom with bathtub on the left. It is designed in timeless sandy-beige feel-good tones with large tiles. Connoisseurs and lovers of detail will only find high-quality brand products here, such as Villeroy & Boch, Hans Grohe and Bosch. A really practical utility room follows from the hallway on the left-hand side. Your new washing machine and other household utensils will find a good place there, for example, without losing too much living space for your main living areas. Looking straight ahead from the hallway, the generously proportioned bedroom is the heart of your new apartment. With its west-facing double casement window overlooking the inner courtyard, it is very well lit, yet absolutely quiet - the perfect retreat.

The apartment impresses with freshly sanded real wood floorboards in the bedroom and beautiful stucco elements throughout the apartment. The electrics have been completely renewed - all light switches and sockets are modern and sleek in bright white. The doors have also been renewed and are fitted with elegant, gold-colored brass fittings. A real old building dream with soul!

Start the tour now:
https://360.immophoto.de/vr/whg-stephanstr-52/

Overview of the excellent public transport connections from your new home at Stephanstr. 52 (distance / accessibility)
- Bus = Stendaler Str. 200m / 2 min.
- S-Bahn = S+U Westhafen 400m / 4 min.
- Subway = S+U Westhafen 400m / 4 min.
- Streetcar = Alt-Moabit/Rathenower Str. 1,400m / 20 min.
- DB long-distance and regional transportation = Berlin Hauptbahnhof 2,200m / 15 min.

Stephanstr. in Berlin's Moabit district is characterized by lively neighbourhoods. Here you will find many stores, restaurants and bars within walking distance. At the same time, the sloping side streets offer a quiet, bourgeois atmosphere. There is hardly any traffic pollution due to the cobblestones and car parking bumps. You can therefore see your immediate living environment as a pedestrian zone with historically beautiful old buildings. There are plenty of stores for your daily needs right on your doorstep. The neighborhood is very friendly. This is why more and more young families live here, which shows the open and safe character of the neighborhood.