Flat for sale 3+1 • 80 m² without real estateK3 2 Mannheim Mannheim Baden-Württemberg 68159

Rare opportunity in the heart of the Mannheim blocks:

This freehold and versatile 3-room apartment with approximately 80 m² of living space in K3,2 combines the best city location, immediate availability, and exceptional tax potential for capital investors.

The apartment is currently vacant and is perfect for:

• Yield- and tax-oriented investors: Immediate rental as a 3-person shared apartment with approximately €1,500 in monthly rent.

• Owner-occupiers: Immediate move-in without renovation backlog in one of the most popular inner-city locations.

The apartment impresses with an ideal room layout: All three rooms are roughly the same size and can be accessed separately from the central hallway – there are no through rooms!

All three rooms are pleasantly bright, each featuring two plastic insulated glass windows with shutters and timeless laminate flooring. The modernized shower room is brightly tiled, equipped with a glass shower cabin, toilet, and a practical space for a washing machine. An additional separate toilet is also available.

The fully equipped fitted kitchen (including stove, ceramic hob, oven, extractor hood, dishwasher, and fridge-freezer combination) as well as all the furniture (beds, desks, wardrobes) are sold with the property. You can get started immediately without any upfront costs!

Investor highlight: 5.5% depreciation (AfA) as confirmed by the existing report. There is an official lifespan report from 2023 attesting to a remaining useful life of 18 years. This report is sold with the property. As a result, the building depreciation is approximately 5.5% per annum (instead of the regular 2% or 2.5%).

Together with the separately listed and quickly depreciable furniture, the rental income can be optimally utilized from a tax perspective.

The apartment was comprehensively renovated in 2016: water & sewage, electricity, floors, ceilings, walls, doors, and both bathrooms. The apartment will be handed over freshly painted.

The building’s facade and attic have also been freshly renovated.

The mentioned €550 service charge already includes reserve funds as well as the repayment of a homeowners’ association (WEG) loan (with a €40 monthly interest portion that can be claimed as a tax-deductible expense).

It hardly gets more urban in Mannheim – The K3 quadrant offers ideal conditions for tenants, students, and city lovers:

• University of Mannheim / Castle: Only a few minutes’ walk or a short bike ride away – perfect for students.

• Public transport: Tram and bus stops are in the immediate vicinity; the main train station is quickly accessible.

• Local amenities & gastronomy: Supermarkets, bakeries, cafés, as well as the pedestrian zones (Planken & Breite Straße) and the marketplace are right on the doorstep.

• Leisure: The popular bars in Jungbusch and the Neckar riverbank for strolls are also within walking distance.