6% Yield - Fully renovated 3-room apartment with garage in the Schwetzingerstadt district of Mannheim.

For sale is a high-quality, completely renovated 3-room apartment in a prime location in the Schwetzinger Vorstadt district of Mannheim.

This ground-floor apartment, approximately 65 m² in size, has been extensively modernized and is currently successfully rented out as a shared apartment (student housing) – a particularly sought-after and high-yield rental concept in university towns.

The combination of a top location, shared apartment rental, and solid return makes this property an ideal investment with immediate income.

Financials / Return
Rent per room: €500 / month
Total apartment rent: €1,500 / month
Underground parking: €100 / month

➡️ Total monthly rent (net): €1,600
➡️ Annual rent (net): €19,200

Monthly building service charges: €257
Of which €169.30 is pass-through (reimbursable)
And €87.70 is not pass-through.

Purchase prices:
Apartment: €299,000
Garage: €20,000

Total purchase price: €319,000
Gross return: approximately 6%
Very attractive return due to the shared apartment concept and prime location.

Key features:
Year built: 1959
Living area: approximately 65 m²
Rooms: 3
Floor: Ground floor
Condition: Completely renovated
Rental: Shared apartment (fully rented)
Parking: Underground parking
Energy efficiency class: F

Location – Mannheim, Schwetzingerstadt district

The property is located in the desirable Schwetzingerstadt district (68165 Mannheim) – one of the most sought-after residential areas in the city.

* Within walking distance of the city center
* Close to the University of Mannheim
* Excellent infrastructure and public transport links
* High demand for shared accommodation rooms

Perfect for students and young professionals – consistently high rental potential.