Treppenhaus
Eingang
Flur
Gäste WC
Bad
Küche
Zimmer 1
Zimmer 2
Zimmer 3
| Type | Flat |
|---|---|
| Floor | 3 |
| Living area approx. | 80 m² |
| Year built | 1890 |
| Bedrooms | 3 |
| Available from | sofort |
|---|---|
| Rooms | 3 |
| Bathrooms | 2 |
| Heating | Central heating |
| Fuel type | District heating |
| Condition | Well kept |
|---|---|
| Type of energy certificate | Energy consumption |
| Floors in the building | 4 |
| Energy figure includes hot water | Yes |
| Purchase price | 324.000 € |
|---|---|
| Price per m² | 4,050.00 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsRare opportunity in the heart of Mannheim’s Quadrate district:
This vacant and versatile 3-room apartment with approx. 80 m² of living space in K3,2 combines a prime city-center location, immediate availability and exceptional tax potential for investors.
The apartment is currently vacant and is perfect for:
- Yield- and tax-oriented investors: Immediate rental as a 3-person shared apartment with approx. €1,500 monthly rent.
- Owner-occupiers: Immediate occupancy without renovation backlog in one of the most popular downtown locations.
The apartment impresses with an ideal room layout: All three rooms are approximately the same size and can be accessed separately from the central hallway - there are no walk-through rooms!
All three rooms are pleasantly bright, each featuring two uPVC double-glazed windows with shutters and timeless laminate flooring. The modernized shower bathroom is brightly tiled and features a glass enclosure, WC and a practical washing-machine space. A further separate WC is also available.
The fully equipped fitted kitchen (including stove, ceramic hob, oven, extractor hood, dishwasher and fridge-freezer combination) as well as all furnishings (beds, desks, cabinets) are included in the sale. You can start immediately without any upfront costs!
Investor highlight: 5.5% depreciation through the available valuation report. An official useful-life report from 2023 is available, certifying a remaining useful life of 18 years.
This report is included in the sale.
This results in building depreciation of approx. 5.5% p.a. (instead of the regular 2% or 2.5%)!
Together with the separately itemizable and faster-depreciating furnishings, the rental income can be used for tax purposes in an optimal manner.
The apartment underwent a complete renovation in 2016: water & wastewater, electricity, floors, ceilings, walls, doors and both bathrooms. The apartment will be handed over freshly painted.
The building’s facade and attic are also freshly renovated.
The stated €650 service charge is broken down as follows:.
- €330 directly allocable,
- management costs €30
- reserve contribution €45.
- €250 share of the homeowners’ association loan for renovation of the facade + stairwell (€50 interest, €200 repayment, ends in 2030, then new service charge of only €400),
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It doesn't get more urban than this in Mannheim – the K3 square offers ideal conditions for tenants, students, and city lovers:
- University of Mannheim / Palace: Just a few minutes' walk or a short bike ride away – perfect for students.
- Public transport: Tram and bus stops are in the immediate vicinity; the main train station is quickly accessible.
- Local amenities & dining: Supermarkets, bakeries, cafés, as well as the pedestrian zones (Planken & Breite Straße) and the market square are right on the doorstep.
- Leisure: The popular bars in Jungbusch and the banks of the Neckar for walks are also within walking distance.
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