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This attractive apartment building with nine residential units and one commercial unit is located in the heart of the sought-after & popular Schwetzingerstadt district of Mannheim and impresses with both its well-kept condition and its central location. The property represents an excellent investment opportunity for capital investors - with a stable tenant structure, modern fittings and attractive yield prospects. Extensive refurbishment and modernization measures have been carried out in recent years, bringing the building up to a contemporary standard. A total of six of the nine residential units have been refurbished and renovated. Among other things, the windows, pipes and electrical installations in the building were renewed. All apartments are equipped with gas heating. These not only ensure individual living comfort, but also allow tenants to bill the energy supplier directly - which significantly reduces the administrative burden for owners. The commercial unit on the first floor offers additional rental income and makes the property a versatile investment with a balanced usage structure. The monthly basic rental income amounts to €7,850.18, which corresponds to an annual basic rent of €94,202.16 - an attractive yield opportunity for investors. Thanks to the sought-after micro-location, stable rental income and a high potential for value appreciation are also guaranteed in the future. Highlights of the property: - Total rentable area of approx. 958 m² - 9 rented residential units - approx. 642 m² living space on a plot of approx. 385 m² - approx. 316 m² of commercial space - Central location with excellent infrastructure - Annual basic rent: € 94,202.16 - Solid building fabric and well-maintained condition Schwetzingerstadt offers excellent public transport connections as well as a wide range of shopping facilities, restaurants and cultural institutions - a residential environment with a high quality of life.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1939
• Built in 1939
• Home size: 6,910 ft² / 641.95 m²
• MLS: 25010010
• Status: Active