- Properties
- Baden-Württemberg
- Kreis Mannheim
- Mannheim
- 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.
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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.
K3 2, 68159 Mannheim – Baden-WürttembergRare 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 ideally suited 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 blinds, 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 all appliances (oven, hob, oven, extractor hood, dishwasher, and refrigerator-freezer) as well as all furniture (beds, desks, wardrobes). You can start generating income immediately, with no upfront costs! Investment highlight: A depreciation rate of 5.5% is possible, as confirmed by a recent valuation report. An official report from 2023 confirms a remaining useful life of 18 years for the building. This report will be included in the sale. This results in a building depreciation rate of approximately 5.5% per year (instead of 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 €550 include provisions for future maintenance and the repayment of a homeowners' association loan (€40 per month in interest), which can be claimed as interest for tax purposes.
Are you interested in this apartment?
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Object Number
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OM-491080
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Object Class
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Apartment
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Object Type
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Apartment
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Is occupied
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Vacant
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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324.000 €
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Purchase additional costs
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approx. 20,845 €
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Total costs
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approx. 344,844 €
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HOA fee
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550 €
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Breakdown of Costs
* 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: 1,307€
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Details
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Condition
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Well-kept
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Number of floors
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4
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Level
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3rd floor
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Bathrooms (number)
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2
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Bedrooms (number)
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3
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Flooring
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Laminate, Tiles
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Heating
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Central heating
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Year of construction
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1890
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Equipment
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Basement, Shower bath, Fitted kitchen, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Location
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.
Location Check
Energy
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Energy certificate type
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Consumption certificate
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Main energy source
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District heating
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Energy consumption value
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244.00 kWh/(m²a)
Energy consumption for hot water included |
Miscellaneous
Topic portals
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