| Type | Block of flats |
|---|---|
| Living area approx. | 174 m² |
| Rooms | 7 |
|---|
| Plot area | 350 m² |
|---|
| Purchase price | 675.000 € |
|---|---|
| Price per m² | 3,879.31 €/m² |
| Commission | 5.95 |
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More financing calculators and assumptionsThis well-maintained three-family house in Mannheim offers investors an interesting opportunity to acquire an already established residential property with three separate residential units, attractive outdoor areas, and additional development potential.
The property is particularly appealing due to its clear layout, well-maintained overall condition, and versatile usage options. The three residential units are sensibly separated from one another and each offers an independent living area.
Upon entering the house, one first reaches a spacious and well-maintained entrance or forecourt area, from which the individual areas of the house can be accessed. The layout provides pleasant privacy and is suitable both for the existing rental arrangement and for future individual use.
Three units – different possibilities
The three-family house is currently fully rented. However, the sale creates interesting opportunities for the future owner.
The middle apartment will remain rented, thus continuing to generate rental income. The apartment currently occupied by the owner will become vacant. The upper apartment is also expected to become vacant and can subsequently be rented out again.
This offers investors in particular the opportunity to reposition two units according to their own ideas and then rent them out on a long-term basis.
Depending on their personal strategy, the vacant apartments could, for example, first be modernized and then offered at a market-based rent. Especially in the upper apartment, modernizing the bathroom would be advisable, among other things, in order to further enhance the apartment visually and in terms of its fittings.
The lower or soon-to-be-vacant residential unit can likewise be individually designed when re-letting and fitted out according to the owner’s own ideas.
Attractive outdoor areas
A particular feature of the property is its existing outdoor space.
The apartment on the 1st upper floor has a beautiful terrace, creating additional private outdoor space. The apartment above it offers a balcony, thereby enhancing living comfort.
The beautiful garden belonging to the property is also particularly noteworthy and provides additional open space. Especially in an inner-city property, a private garden represents an attractive feature and can positively support the rentability of the apartments.
Solid technical foundation
The property also offers an interesting aspect in terms of energy efficiency: The heating system dates from 2020 and is therefore comparatively modern.
The energy certificate is currently being prepared and will be presented at the viewing or upon completion, as applicable.
Interesting for investors
The combination of three separate residential units, existing lettings, two apartments expected to become vacant, attractive outdoor areas and a modern heating system makes this property particularly interesting for buyers who look not only at the current situation but also at a property's future potential.
The possible re-letting of the units becoming vacant offers the opportunity to further develop the property in line with one's own investment strategy and optimize future rental income.
Whether as a classic investment, for long-term portfolio holding or as a property with additional development potential – this three-family house provides an interesting basis for this.
Features & Highlights
- Well-maintained three-family house in Mannheim
- 3 separate residential units
- Very good and clear layout
- Well-maintained entrance and front area
- Currently fully rented
- One apartment will remain rented
- Two apartments expected to become available for re-letting
- Interesting potential for optimizing rental income
- Terrace on the 1st upper floor
- Balcony on the 2nd upper floor
- Attractive private garden
- Basement available
- Heating system dating from 2020
- Potential for modernizing individual areas
- Attractive basis for investors
- Energy certificate currently being prepared
- Energy certificate will be presented at the viewing
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699.000 € Spacious end-of-terrace house in Mannheim-Wallstadt68259 Mannheim
699.000 € Spacious end-of-terrace house in Mannheim-Wallstadt68259 Mannheim– Wallstadt
660.000 € Large single-family/multi-generational house with garden (175 m² living space / 573 m² plot)68307 Mannheim– Schönau
