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Well-maintained multi-family building with development potential in Mannheim.

Aufeldstraße 8, 68199 Mannheim (Neckarau) – Baden-Württemberg
990.000 €
12
Room
352 m²
Living Area
365 m²
Plot Area
Private offer
House
Multi-family house

This attractive multi-family house, located in the popular Mannheim-Neckarau district of Mannheim, represents an excellent investment opportunity for capital investors. The property comprises a total of eight self-contained residential units, which are sold exclusively as a package. A key highlight is the approved potential for expansion in the attic, which can create additional living space and lead to sustainable rent increases. The current living space is approximately 352 m², and this can be increased to approximately 428 m² through the development of the two attic apartments. There are two residential units on each floor, with well-designed layouts. The ground-floor apartments feature 2 rooms, a kitchen, a bathroom, and a balcony. The units on the 1st and 2nd floors also offer 2 rooms, a kitchen, and a bathroom, but each with two balconies. The attic is planned to accommodate two further 2-room apartments with a kitchen and bathroom. The current annual net cold rent is approximately €42,800. Through already agreed rent adjustments, stepped rents, and the development of the attic space, an attractive potential gross rent of approximately €64,300 per year can be achieved. In particular, the already approved apartments in the attic offer investors the opportunity to create additional living space and sustainably increase returns.

Ground floor, left:
- Living area: approximately 55.09 m²
- Layout: 2 rooms, kitchen, bathroom, balcony
Ground floor, right:
- Living area: approximately 54.30 m²
- Layout: 2 rooms, kitchen, bathroom, balcony
First floor, left:
- Living area: approximately 60.75 m²
- Layout: 2 rooms, kitchen, bathroom, 2 balconies
First floor, right:
- Living area: approximately 60.06 m²
- Layout: 2 rooms, kitchen, bathroom, 2 balconies
Second floor, left:
- Living area: approximately 61.14 m²
- Layout: 2 rooms, kitchen, bathroom, 2 balconies
Second floor, right:
- Living area: approximately 60.85 m²
- Layout: 2 rooms, kitchen, bathroom, 2 balconies
Attic, left (potential residential unit):
- Potential living area: approximately 38.32 m²
- Planned layout: 2 rooms, kitchen, bathroom
Attic, right (potential residential unit):
- Potential living area: approximately 38.08 m²
- Planned layout: 2 rooms, kitchen, bathroom

The building is fully basemented and has a total of eight basement rooms, allowing each residential unit to have its own storage space. In addition, there is a shared backyard with a garden, which offers residents additional space for relaxation and recreation. The combination of a well-defined structure, a solid rental situation, further development potential, and a desirable location makes this property an extremely interesting investment with a long-term perspective.

Are you interested in this house?

Object Number
OM-460292
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
990.000 €
Purchase additional costs
approx. 61,395 €
Total costs
approx. 1,051,395 €

Breakdown of Costs

Purchase price 990.000 €
Real estate transfer tax 49,500 € (5.00%)
Notary costs 7,878 € (0.80%)
Land register entry 4,018 € (0.41%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 3,683€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.58%

Details

Condition
Well-kept
Number of floors
3
Bathrooms (number)
6
Bedrooms (number)
6
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1930
Equipment
Balcony, Garden, Basement, Full bath, Fitted kitchen
Infrastructure
Pharmacy, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The property is located in a desirable residential area in the Mannheim district of Neckarau, one of the most popular and well-connected districts in the region. Neckarau offers an attractive mix of urban living, excellent local amenities, and numerous leisure and recreational opportunities. Shops for everyday needs, supermarkets, restaurants, cafes, doctors, pharmacies, schools, and kindergartens are all located in the immediate vicinity and are easily accessible. The public transportation links are excellent: tram and bus lines provide a quick connection to the center of Mannheim and the surrounding districts. The transportation links for commuters are also ideal. Federal highways and the A6 and A656 motorways are easily accessible, ensuring a quick connection to the Rhine-Neckar metropolitan region, including the cities of Heidelberg and Ludwigshafen. Furthermore, due to its proximity to the Rhine and various green spaces and recreational areas, Neckarau offers a high quality of life. The combination of a desirable location, stable rental potential, and sustainable development prospects makes this location particularly attractive for investors.

Location Check

Sports
450m
Shopping
250m
Health
650m
Culture
150m
Eating Out
250m
Nature
250m
Child Friendliness
250m
Nightlife
250m
Public Transport
400m

Energy

Energy efficiency class
G
Energy certificate type
Demand certificate
Main energy source
District heating
Final energy demand
233.54 kWh/(m²a)

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Sebastian Krieg