Fully let multi-family building in a good location, with development potential and district heating.

This well-maintained multi-family house in Mannheim comprises four residential units with a total living area of approximately 272 m² on a plot of land of around 470 m². The building was constructed in 1963 using solid construction methods and is in good condition. Various modernization measures have been carried out in recent years. These include the replacement of the windows (with plastic windows in 2019), the insulation of the top floor, and the conversion of the heating system to district heating (in 2019). The staircase has also been completely renovated and equipped with a video intercom system. The property is currently fully let and is ideal for investors looking for a solid existing property with further development potential. The current rents are, in some cases, below the market level, which offers potential for future growth through rent adjustments. The four apartments vary in size and layout:
Basement: Renovated 2-room apartment with approximately 34 m²
Ground floor: Approximately 88 m², 4 rooms, partially modernized with a renovated bathroom
1st floor: Approximately... 88 m², 4 rooms, partially renovated with a new bathroom.
Second floor: approximately 58 m², completely renovated.
Over the past ten years, further renovations have been carried out. In addition to the measures already mentioned, these include insulation of the basement ceiling, as well as partial replacement of the electrical wiring. The attic is not converted and is in a functional condition. Major landscaping work was carried out in the spring of 2026.

The property is located in Mannheim, in a well-established residential area consisting mainly of single-family homes and apartment buildings, with a peaceful environment. The location boasts excellent infrastructure: shops, schools, kindergartens, and medical facilities are all within close proximity. Restaurants and cafes are also easily accessible. Public transportation is also well-developed. Several bus and tram stops are within walking distance, providing direct access to Mannheim city center and the main train station. The property offers convenient transportation links for both private and commuter traffic. The nearby main roads provide quick access to Mannheim city center and important transportation routes. Access points to the A6 and A656 motorways are a short drive away, enabling rapid connections to Ludwigshafen, Heidelberg, Darmstadt, and Frankfurt. Local amenities are excellent. Several supermarkets are located nearby (REWE, REWE Express, Marktkauf Scheck-in Center, ALDI Süd). In addition, various restaurants and cafes, as well as medical facilities, are located in the immediate vicinity (including the Center for Surgery and Orthopedics Mannheim, approximately 250 meters away).