House for sale in Erding, Germany

Property Description This property is a multi-family house with commercial areas, consisting of 4 apartments, 2 commercial units, 2 floors, a basement, an attic, and a total living/commercial area of 269/286 m². The building is estimated to be built around 1960. The layout of the property includes various rooms such as entrance areas, reception hall, waiting room, treatment rooms, staff room, and WC facility. The ground floor features a commercial unit with a total area of 114 m² and another commercial unit with an area of 55 m². The upper floor includes two apartments, one with 81 m² and the other with 83 m². The attic has two more apartments, one with 48 m² and the other with 57 m². There are some maintenance issues with certain parts of the property. The first commercial unit has been vacant for about a year, while apartment 1 requires attention due to neglect caused by pet ownership. Apartment 2 has a urgent need for renovations due to mold infestation. However, the two attic apartments are well-maintained and in good condition. The property is heated and supplied with hot water through an oil central heating system. Externally, the property may appear neglected. This property is being auctioned by the local district court with an estimated value of 1,500,000.00 EUR. There is a possibility to secure a 30% discount on the property's estimated value, allowing you to acquire this property for only 1,050,000.00 EUR. Additionally, notary fees and agency commissions are waived. If you have any further questions or would like to schedule a viewing, please contact us by phone Monday to Friday from 08:00 to 20:00 and on weekends from 10:00 to 18:00 at +49-221-97459790. This property is just one of the many interesting listings featured in our monthly cost-effective REAL ESTATE AUCTION CATALOG. Obtain the latest information on available properties to purchase your dream property at a discounted price. For more details, contact us at +49-221-97459790. Price thoughts: The property offers a great investment opportunity with the potential for a significant discount on the estimated value. With some renovation and maintenance work, this property has the potential to generate good rental income from the apartments and commercial units. Consider exploring this property for its value and investment potential in the real estate market.