Top investment opportunity in Friedrichshain! High yield, super location.
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High yield, excellent growth potential and a top location. These are three important characteristics of this investment opportunity in the Proskauer Straße in Berlin-Friedrichshain.
In two neighboring residential and commercial buildings, built in 1901-1903 by the architect Alfons Anker, we are offering a variety of properties out of the the resolution of a fund. In 1999 the whole complex was completely refurbished. The works included the restoration of facades, staircases, windows and doors, roof, basement, pipes and the entire electrical system. The ceiling layer between top floor and roof is already insulated.
The residential units were modernized in vacant status. They got new bathrooms, windows, flooring and electrical systems. All units were equipped with attractive kitchens. The apartments are bright and have a practicable cut. In the front building the units have balconies, in the side wing partly french balconies (in the so called Berliner Zimmer).
Apartment sizes from 40 to 105 square meters with two to three rooms are ideal for a very fast re-renting. The risk of vacancy is very low.
Fund management and property management always ensured a thorough and proactive maintenance. Accordingly both, common property and the apartments, are in very good technical and optical condition.
Don´t miss this great opportunity to invest in a highly sought after location and at a very competitive price.
The properties are located in an excellent area in Berlin-Friedrichshain. With the underground one reaches in a few minutes Alexanderplatz, Potsdamer Platz and the city centre west. The street is characterized by refurbished old buildings, mostly with commercial units in the ground floors. The Frankfurter Allee with lots of shopping facilities is 4 minutes away. A very popular Sports and recreation center is approx. 2 km away.