6% Return! Renovated and furnished shared apartment in the Schwetzingerstadt district of Mannheim.

A ready-to-go investment property – renovated, furnished, and reliably rented.
This 2-room apartment in a well-maintained apartment building in the Schwetzingerstadt district of Mannheim is what investors rarely find: a property that requires no further work and generates income from day one. The apartment is rented as a shared living space and generates a monthly gross rent of 1,000 euros. Based on the purchase price of 199,000 euros, this represents a yield of 6%! You also pay no real estate agent commission! The apartment has recently been extensively renovated. The bathroom is completely new: all water pipes have been replaced, a spacious walk-in shower has been installed, large-format tiles with a concrete look have been laid, and recessed ceiling lights have been integrated. High-quality vinyl flooring in a warm wood look is laid in the living areas and hallway, and all walls, ceilings, and interior doors have been renovated to a like-new condition. Heating is provided via district heating, and you and your tenants can conveniently reach the second floor via the building's passenger elevator. In short, you can expect virtually no maintenance costs within the apartment in the coming years. In addition, the apartment will be handed over fully furnished, including a kitchen with a dishwasher, refrigerator, oven, and stovetop. This means that as the landlord, you won't need to purchase anything when a tenant moves in, and you'll be attracting exactly the type of tenant who wants to move in quickly and easily. Here's why this apartment is so easy to rent out:

The two rooms are separate and virtually equal in size. Both have floor-to-ceiling windows, and both have their own access to the spacious loggia, which faces southeast and overlooks the quiet back of the building. The location is also a major advantage. Schwetzingerstadt is one of the most sought-after districts in Mannheim, with excellent connections to the university and college, and the main train station is located nearby. An unbeatable advantage in everyday life: a supermarket is located directly in the front of the building, and your tenants can take their groceries up in the elevator. The figures:

The monthly service charge is €375, of which €250 can be passed on to the tenants. According to the latest statement, the homeowners' association's reserve fund is solid, with approximately €400,000. Arrange a viewing appointment now!

Schwetzingerstadt - Mannheim's desirable district in the east of the city.

The apartment benefits from a prime location in the Schwetzingerstadt district. This neighborhood is known for its blend of historical architecture and vibrant, urban life, and is considered one of Mannheim's most sought-after residential areas.

Everything is right on your doorstep: You hardly need to leave the property for daily necessities, as there is a supermarket directly within the building complex. The neighborhood also offers a diverse culinary scene, charming cafes, and small, independent shops.

Nature and transport links: The Luisenpark and the city's landmark, the Water Tower, are within a few minutes' walk. The stops for tram lines 1, 6, 8, and 9 are practically around the corner, guaranteeing a quick connection to the main train station and the city center.

Key factors for renting: The University and the Mannheim University of Applied Sciences are optimally connected, and the main train station is within walking distance. This apartment appeals to three high-demand renter groups: students, young professionals, and commuters.