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Solidly rented apartment near Prager Platz for investment
€376,000
- Type: Apartment
- Price: €376,000
- Bedrooms: {"0":"2"}
- Bathrooms: 2
- Area: 914 sq.ft.
- Location: Berlin, Berlin, Germany
About this property
Rented 3-Room Apartment with Parking Option – Steady Yield Near Prager Platz Key Facts 3 rooms | Approx. 84.5 m² living space Mezzanine floor Long-term tenancy since 1986 Rented – solid annual rental income: €9,157.56 Purchase price: €376,000 Monthly service charge: €361.68 Optional on-site parking space Commission-free Investment Profile This well-maintained apartment, part of a 1974 residential complex, offers an attractive investment opportunity with stable rental returns and long-term occupancy. The entire building is in very good overall condition, underscoring the low-risk nature of this asset. The functional floor plan includes: 3 bright rooms, all accessible via the hallway A spacious kitchen with room for dining Guest WC and separate main bathroom Partially laid strip parquet flooring An optional parking space adds value and convenience, enhancing the unit’s long-term appeal. Prime Urban Location – Bamberger Straße / Barbarossastraße Positioned close to Prager Platz, this apartment is located on a corner plot in a well-connected, in-demand area of Berlin. The neighborhood provides: Excellent public transport links – bus and U-Bahn stations within walking distance Shops, supermarkets, and amenities close by Strong tenant demand due to central location Why Invest Consistent annual rental income (~2.4% gross yield) Well-maintained 1970s building with long-standing tenancy Low-maintenance investment with further upside through parking space purchase Located in a stable, high-demand micro-location in Berlin's City West