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- Your tenant is already here – furnished apartment located directly across from the University of Mannheim!
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Your tenant is already here – furnished apartment located directly across from the University of Mannheim!
68161 Mannheim – Baden-WürttembergThe apartment is located in a well-maintained apartment building with approximately 250 units, built in 1980, in the heart of Mannheim's "Quadrate" district. The building has five floors and is equipped with a passenger elevator. This is quite rare in the city center and makes a noticeable difference in everyday life – groceries, luggage, and moving boxes don't need to be carried up four flights of stairs. The building also features a laundry room with coin-operated machines and a bicycle storage area, which are frequently requested by tenants. The apartment is located on the fourth floor and comprises approximately 20 square meters: a living/sleeping area, a built-in kitchenette, and a private bathroom. It has been freshly renovated and is in excellent condition – featuring light laminate flooring, clean walls, and requires no further work before moving in. The highlight: it is being sold fully furnished. The bed, wardrobe, desk, dining table, and chests of drawers will remain in the apartment. This has two significant advantages. Furnished apartments in this location command noticeably higher rental prices than unfurnished ones. And they experience shorter vacancy periods during tenant changes because they specifically target the demographic that moves in for short periods and without their own household: students, doctoral candidates, research staff, and visiting professors. The University of Mannheim, located in the castle, is just a two-minute walk away and can be seen from the window. You can hardly get closer to a university's main campus. And one more thing: the apartment is already rented. The initial rental at a monthly base rent of €600 has already been secured for you. Therefore, you are not buying a project, but an investment that generates income from day one. The annual base rent of €7,200, with a purchase price of €125,000, corresponds to a gross rental yield of approximately 5.75%. The monthly service charges are €230 in total, of which €141 can be passed on to the tenant. Contact us now to schedule a viewing!
Are you interested in this apartment?
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Object Number
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OM-a55n8g
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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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Occupied
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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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124.500 €
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Purchase additional costs
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approx. 8,344 €
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Total costs
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approx. 132,843 €
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HOA fee
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230 €
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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: 547€
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Details
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Condition
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Renovated
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Number of floors
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5
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Level
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4th floor
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Bathrooms (number)
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1
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Flooring
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Laminate
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Heating
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Central heating
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Year of construction
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1980
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Equipment
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Elevator, Full bath, Fitted kitchen
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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
The L 2 square is located on Bismarckstraße, directly opposite Mannheim Palace. Mannheim's city center is not divided into streets, but into squares, and L 2 is one of the addresses that benefits the most from this: everything important is within walking distance, without having to think about it. The University of Mannheim is located in the palace. Lecture halls, the library, and the cafeteria are reachable in two to three minutes. This is a crucial factor for rentals, as the distance to the university is the first criterion that students and researchers use to filter their search – and few apartments meet this criterion as well as this one. The main train station is also within walking distance. Those who regularly commute to Heidelberg, Frankfurt, or Karlsruhe, or who travel home on weekends, do not need a car for this. In the other direction, the pedestrian zone begins a few minutes away, with Paradeplatz and Planken. Bakeries, cafes, restaurants, and supermarkets are located in the surrounding squares. The tram and bus stop at the palace and at Paradeplatz. In summary: this is an address where a tenant does not need a car or bicycle for everyday life – and a market segment where the supply is consistently scarcer than the demand.
Location Check
Energy
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Final energy consumption
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162.00 kWh/(m²a)
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Energy efficiency class
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F
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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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Miscellaneous
Topic portals
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