**Multi-family home in 1A location in Mannheim city centre near the water tower**

This attractive apartment building, built in 1910, extends over four floors and includes a total of ten parties, including a commercial unit. The property offers a generous living area of approx. 691 m², which is ideal for investors. The attic was extensively insulated from the inside about ten years ago, and the electrical system was renewed, which contributes to improved energy efficiency. The staircase was recently freshly painted, which enhances the overall impression of the house. - Net rental income monthly: 8.580,00 - Gross rental income monthly: 10.590,00 - Net rent per year: 102,960.00 The commercial unit on the ground floor has also recently been completely renovated, including the renewal of electrics and water pipes. The apartments are currently only renovated when needed, which means that there is a need for renovation here, but there is also potential for value appreciation. The last rent increase recently took place on the 1st floor, so the remaining units may still be increased. The property has no loss of rent and there are no arrears, which guarantees a stable source of income. All leases are open-ended leases, except for the commercial unit (10-year term). Ground floor: 200.41 m² (commercial), 1st floor left 75 m², 1st floor right 123.99 m², 2nd floor left 75 m², 2nd floor right 102.65 m², 3rd floor left 75 m², 3rd floor right 102.65 m², attic left 18 m², attic right 101.13 m², attic middle 18 m² There is a district heating supply in the building, which supplies both the commercial unit and an apartment on the first floor. The remaining units are equipped with gas floor heating systems, which allow individual heating control. This apartment building with a commercial unit not only offers an attractive return, but also development potential through renovation measures. The central location and stable rental income make this property an interesting investment opportunity. The façade of this property is a listed building, so no energy certificate is required, but can be created on request. All information provided in this exposé is based on information provided by the seller or third parties. Despite careful research, no liability can be assumed for any errors. We look forward to your call!