CENTRAL LOCATION - APARTMENT COMPLEX WITH RENTS - BUILT IN 1960 - BALCONIES & ELEVATOR - INSULATED - DISTRICT HEATING.

For sale as a package: 4 apartments in a multi-family building located in the central Berlin district of Moabit, not far from the main train station and the government district. These apartments are currently rented to tenants aged 85-95, with lease agreements that began many decades ago. Each apartment is approximately 70 square meters in size and has 3 rooms. The apartments are located on the 1st, 2nd, 3rd, and 4th floors, respectively. Each apartment has a private cellar.

Therefore, you are purchasing apartments where there is a realistic possibility that they will become vacant over time, at the price of a tenanted property. This is the first sale after the division of the property. The apartments could be purchased and later sold vacant (unrenovated or renovated), or they could be completely renovated and offered for rent at a higher price.

The rents have been increased and will total approximately €28,000 per year in the future.

The apartments are located in the vibrant and central Moabit district. Each apartment has a balcony, and the building has an elevator. Behind the building, there are parking spaces that are currently available for use. The homeowners' association (WEG) can decide on whether to rent them out.

The roof area could potentially be purchased as well.

Developing the attic space would increase the size of the homeowners' association (WEG) and would distribute and further reduce operating costs among more owners in the future. The building has been energetically renovated. New external insulation has been installed, new windows have been fitted, and it is connected to the district heating system.