| Type | Block of flats |
|---|---|
| Living area approx. | 192 m² |
| Plot area | 74 m² |
|---|
| Purchase price | 1.135.000 € |
|---|---|
| Price per m² | 5,911.46 €/m² |
| Commission | 3,57% (3.57% (inkl. MwSt.)) |
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 assumptionsIn the heart of downtown Mannheim, we offer a multi-family house with four residential units currently undergoing comprehensive core renovation for discreet marketing.
The building, constructed around 1900 in solid construction, is currently being extensively renovated and, upon completion, will feature modern uPVC windows with triple glazing as well as cost-effective district heating. The four residential units extend over a total living area of approx. 192 m² and range in size from 44 to 53 m². Each unit includes a living room, a bedroom, kitchen, bathroom and guest WC as well as storage and hallway areas – a particularly sought-after layout in this downtown location that suits students, commuters and singles alike.
The property is offered in two versions: unrenovated in its current condition for €950,000 – ideal for buyers who wish to complete the renovation according to their own ideas – or fully renovated turnkey for €1,135,000, optionally including a rental guarantee for planning-secure income from day one. The calculated annual net rent amounts to €51,600, corresponding to a net initial yield of 4.55% (target). Buyers also benefit from tax depreciation (AfA) of 4.00% p.a. on the building value.
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