Flat for sale 1 bedroom • 22 m² without real estateMombacher Straße 85a Mainz Mainz Rheinland-Pfalz 55122

Very well rented apartment in a yield-oriented building. Operating costs, management, and maintenance are designed for long-term low expenses with high quality. This means little hassle, no deferred maintenance, and predictable returns. Since my purchase, it has been continuously very well rented, without any problems finding new tenants.

!! The entire Mombacher Straße is currently being renewed, traffic-calmed, and landscaped, which will considerably boost its attractiveness and rental prices (see images for plans)!!

This is a pragmatic, furnished one-room apartment with a bathroom, pantry kitchen, and living/sleeping area. The furnishings are included in the purchase price.

Ideal location near SWR, the university, the main train station, the Rhine, and Neustadt. Everything is within walking distance or a 5-minute bike ride. There is plenty of greenery and all everyday amenities are close at hand.

The apartment and the building are not luxurious but are solid and practical overall. Everything is designed to keep final maintenance costs low and hassle to a minimum. With excellent property management, there is little to worry about. The property has always delivered very good returns; I am only selling because the 10-year holding period has been reached and I now live in Hamburg.

It is currently very well rented to Asian university staff for €485 cold rent with graduated rent increases. In contrast, apartments in the nearby Campo Novo student dormitory are available for more than €670 cold, which shows the potential!