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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-Württemberg
324.000 €
3
Room
80 m²
Living Area
Private offer
Apartment

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 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?

Object Number
OM-491080
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
324.000 €
Purchase additional costs
approx. 20,845 €
Total costs
approx. 344,844 €
HOA fee
550 €

Breakdown of Costs

Purchase price 324.000 €
Real estate transfer tax 16,200 € (5.00%)
Notary costs 3,082 € (0.95%)
Land register entry 1,563 € (0.48%)
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: 1,307€

More accuracy in a few seconds:

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 4.05%

Details

Condition
Well-kept
Number of floors
4
Level
3rd floor
Bathrooms (number)
2
Bedrooms (number)
3
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1890
Equipment
Basement, Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

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

Eating Out
50m
Shopping
50m
Culture
50m
Nightlife
50m
Sports
150m
Health
50m
Public Transport
150m
Child Friendliness
150m
Nature
350m

Energy

Energy certificate type
Consumption certificate
Main energy source
District heating
Energy consumption value
244.00 kWh/(m²a)
Energy consumption for hot water included

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: F. Schulze