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

Rare opportunity in the heart of the Mannheim Quadrate:

This unobstructed 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 investors.

The apartment is currently empty and is perfectly suited for:

- Income- and tax-focused investors: Immediate rental as a 3-person shared apartment with approximately €1,500 per month.

- Owner-occupiers: Immediate move-in without any need for renovations 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 as well as timeless laminate flooring. The modernized shower room is brightly tiled and comes with a glass enclosure, WC, and a practical space for a washing machine. An additional separate WC 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 included in the sale. You can start immediately without any upfront costs!

Investor highlight: 5.5% depreciation (AfA) as per an existing report. There is an official durability report from 2023 certifying a remaining useful life of 18 years. This report is included in the sale. This results in a building depreciation (AfA) of approximately 5.5% p.a. (instead of the regular 2% or 2.5%)! Together with the separately listed and quickly depreciable furniture, the rental income can be used optimally from a tax perspective.

The apartment was completely renovated in 2016: water & sewage, electricity, flooring, ceilings, walls, doors, and both bathrooms. The apartment is delivered freshly painted.

The façade and the attic of the building have also been freshly renovated.

The stated €650 monthly maintenance fee is broken down as follows:

- €330 directly allocable,

- €30 administration costs,

- €45 reserve contribution,

- €250 share of the homeowners’ association loan due to the renovation of the façade and stairwell (comprising €50 interest and €200 repayment, ending in 2030, after which the new fee will be only €400).

It hardly gets more urban in Mannheim – the Quadrate K3 offers ideal conditions for tenants, students, and city enthusiasts:

- University of Mannheim / Castle: Just a few minutes on foot or a short bike ride away – perfect for students.

- Public transportation: Tram and bus stops are in the immediate vicinity; the main train station is quickly reachable.

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

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