House for sale in Bochum, Germany

Property Description: A two-story multi-family house with seven apartments and an converted attic, fully basement. The total living space is 365 square meters, with apartments ranging from 28 to 69 square meters. In addition, the property includes two balconies and five prefabricated garages. The building was constructed in 1960. The apartments are heated by gas floor heating and supplied with hot water. The furnishings of the apartments are mostly simple and older. However, there are maintenance arrears on the building and the outdoor facilities that need to be addressed. Price thoughts: The property is being auctioned by the local district court at a market value of 360,000.00 EUR. There is potential to secure a 30% discount on the market value, resulting in a purchase price of only 252,000.00 EUR for the property. Additionally, notary fees and agent commissions are waived. This offers a unique opportunity to acquire the property at a discounted price and should be considered by those looking for a cost-effective investment.