Immediately available, 80 m² 3-room apartment – suitable for a group of 3 people, and eligible for a special depreciation rate of 5.5% thanks to an expert assessment.

Rare opportunity in the heart of Mannheim's "Quadrate" district:
This vacant, versatile 3-room apartment with approximately 80 square meters of living space, located in K3,2, offers an excellent city-center location, immediate availability, and exceptional tax advantages for investors. The apartment is currently vacant and is perfect for:
- Investors seeking yield and tax benefits: Immediate rental as a 3-person shared apartment with a monthly rent of approximately €1,500.
- Owner-occupiers: Immediate move-in without any renovation required, in one of the most desirable city-center locations.
The apartment features an ideal layout: all three rooms are approximately the same size and are accessible separately from the central hallway – there are no pass-through rooms! All three rooms are pleasantly bright, each with two double-glazed windows with shutters, and timeless laminate flooring. The modernized shower room is brightly tiled and features a glass enclosure, toilet, and a practical space for a washing machine. There is also a separate toilet. The fully equipped built-in kitchen (including... The property for sale includes the kitchen appliances (hob, ceramic cooktop, oven, extractor hood, dishwasher, and refrigerator-freezer), as well as all the furniture (beds, desks, wardrobes). You can start generating income immediately, with no upfront costs! Investment highlight: A valuation report confirms a depreciation rate of 5.5% per year. An official valuation report from 2023 indicates a remaining useful life of 18 years. This report will be included in the sale. This results in a building depreciation rate of approximately 5.5% per year (compared to the standard 2% or 2.5%)! Combined with the furniture, which can be depreciated separately and at a faster rate, the rental income can be optimized for tax purposes. The apartment was completely renovated in 2016: plumbing, electrical wiring, flooring, ceilings, walls, doors, and both bathrooms. The apartment will be delivered freshly painted. The facade and attic of the building have also been recently renovated. The monthly service charges of €650 are broken down as follows: - €330 directly allocated, - €30 for administrative costs, - €45 for reserve funds. - €250 for the homeowners' association (HOA) loan for the facade and stairwell renovation (includes €50 in interest and €200 in principal repayment; ends in 2030, after which the service charges will be reduced to €400).

You'd be hard-pressed to find a more urban location in Mannheim. The K3 district offers ideal conditions for tenants, students, and city lovers:

- University of Mannheim / Palace: Just a few minutes' walk or a short bike ride away – perfect for students.

- Public Transportation: Tram and bus stops are located nearby; the main train station is easily accessible.

- Local Amenities & Restaurants: Supermarkets, bakeries, cafes, as well as pedestrian zones (Planken & Breite Straße) and the marketplace are right on your doorstep.

- Leisure Activities: Popular bars in the Jungbusch district, as well as the Neckar Riverbank for walks, are also within walking distance.