House for sale in Birkenfeld, Germany

Property Description: This property is a two-story multi-family house with 4 apartments and an attic that has been converted into living space. The house has a total of 382 square meters of living space and 130 square meters of usable space. There are also 3 integrated garages and a single garage. Built in 1978 and expanded in 1993, the building is well maintained and has a functioning oil central heating system for heating and hot water. Additionally, towel radiators are present in the bathrooms. Although there are visible moisture damages on the extension, both the building and the apartments appear to have undergone regular maintenance. Price Analysis: With a listing price of 954,000€, this property may seem high at first glance. However, considering the potential for a 30% discount on the market value through auction, the final price could be significantly lower at 667,800€. This presents a great opportunity for prospective buyers to acquire this property at a reduced cost, as well as avoiding notary fees and agent commissions. With careful consideration and further inspection, this property could be a valuable investment for those looking to purchase a multi-family dwelling in Birkenfeld.