Investment property in a central location in the heart of Ulm – 69.5 m², with a remaining useful life assessment, offered by a private individual.

Are you looking for an apartment in the heart of the city? And would you like it to be quiet? For sale is a tenanted apartment in an attractive and central location in the heart of Ulm. The apartment is located in a historic building with only six units and combines the unique character of an old building in Ulm with an excellent city-center location. The apartment has approximately 69.5 square meters of living space and is currently rented out for a monthly cold rent of €900. This makes the property particularly suitable for investors looking for a long-term rental property in a central location. The building dates back to around 1700 and features typical historical architectural elements such as brickwork and wooden beamed ceilings. Apartment number 4 has a co-ownership share of 168.65/1,000 in the owners' association, which consists of six units. According to the expert report available, the building is not a listed building. Interesting for investors: A report on the remaining useful life is available.
For the property, there is a recent expert report confirming a potentially shorter useful life, as per § 7 Abs. Paragraph 2, Sentence 2 of the German Income Tax Act (EStG) is referenced. The expert report was prepared in August 2026 by a certified expert in accordance with DIN EN ISO/IEC 17024. The report determines an economic remaining useful life of 15 years for the property being valued. This could result in a higher annual depreciation allowance for a buyer, compared to the standard depreciation rates for buildings, provided that the tax authorities recognize this. The individual depreciation basis, as well as the tax recognition and actual amount of depreciation, must be assessed independently by the respective buyer, or in consultation with their tax advisor. The expert report will be provided to the buyer as part of the sales process.

The property on Theatergasse boasts a first-class, central location in the heart of Ulm. Just a few steps away is the charming old town, with its winding streets, historic half-timbered houses, and a diverse range of restaurants. A particular highlight is its proximity to the world-renowned Ulm Minster – with the tallest church tower in the world, it is a true landmark of the city and a major attraction for visitors from around the globe. The picturesque fishermen's quarter, with its small bridges, cafes, and boutiques, also invites you to relax and enjoy. The location offers excellent infrastructure: shops for daily needs, doctors, pharmacies, as well as schools and kindergartens are conveniently within walking distance. In addition, the good connection to public transport ensures quick access to all parts of the city and the surrounding area. Thanks to its proximity to the University of Ulm and major employers, the location is particularly attractive for working professionals and students. Theatergasse itself is characterized by its quiet, yet central atmosphere – ideal for those who want to combine urban living with a high quality of life.