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House for sale in Gelsenkirchen, Germany

136 000€

45899 Gelsenkirchen

Features

  • Garage/Stellplätze 5

Property description

Property Description Multiple-family house, year of construction: approx. 1902, 9 units, living area: 352sqm, usable area: 193sqm, 5 garages, 8 apartments and a mosque; in a state of disrepair, vacant and not usable at the time of valuation, no interior inspection possible. Thoughts on Price The price of 136.000€ for a property in this condition and location may seem high at first glance. However, considering the potential for renovation and development in the area of Gelsenkirchen, there may be opportunity for significant return on investment in the future. It is important to carefully assess the costs and feasibility of restoring the property before making a decision on its value.

Location

45899 Gelsenkirchen

Date added: 14.09.2024

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