House for sale in Bielefeld, Germany

Property description: Detached multi-family house consisting of 5 apartments on 2 floors with a basement and converted attic. The living areas of the apartments vary between 59 and 151 square meters, totaling 430.98 square meters. The building also has a garage and was built in 1905. There are four vacant apartments, of which only the apartment on the ground floor and the basement rooms have been viewed. Heating is provided by gas boilers. Price thoughts: The property is being auctioned off by the local district court with a listed value of 465,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, reducing the price to only 325,500.00 EUR. This discounted price, along with waived notary fees and agent commission, presents a great opportunity for potential buyers to acquire the property at a lower cost. It is definitely worth considering for those looking to invest in a multi-family property in a desirable location like Bielefeld.