Description:

This sub-district (part of Mitte) was historically populated with the working class of West-Berlin. It benefits from a quality infrastructure as well as several green areas (Volkspark Rehrberge, Schillerpark...). This is definitely a great investment area due to attractive prices and the proximity to both, the Tegel airport and the center (around 4 metro stations).

Property :

This beautiful classic Altbau property was constructed in 1905. Renovations of the facades, stairwells, landscaping of the courtyard, and technical repairs to the building's infrastructure are underway. This tenanted one room apartment is on the 2nd floor of the back house and has a yield of 3,48%. The property is connected to the modern central district heating system. It is in the southern part of the Wedding neighborhood, one of the most developing areas in Berlin, situated north of the governmental quarter in the heart of the city. The surrounding streets are lined with beautiful buildings. Coffee shops and lifestyle venues are sprouting up in the area. Its situation in a residentially zoned area with a speed limit of 7km/hr, and immediate access to the heart of the city - Mitte - make this location a 'best buy' for many young families.

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