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45883 Gelsenkirchen
Property Description: This multi-family house consists of 7 apartments spread across three floors. It is fully basemented and has an attic area. The total living space is 349 square meters. In addition, there is a separate building with a garage complex containing 3 individual parking spaces. The main building was fictitiously built in 1964, while the auxiliary building was constructed in 1962. Originally, the property dates back to 1909. All apartments and garage parking spaces are currently rented out. The heating is provided by a gas central heating system and night storage heating, while the hot water is heated by an electric instantaneous water heater. There are structural defects and damages, the overall condition of the property is below average. Price Thoughts: The property is currently listed for 300.000€ on the market, but it will be auctioned by the competent district court. There is a possibility to secure a 30% discount on the market value and acquire the property for only 210.000€. In addition, notary fees and agency commission are waived. This property presents a unique investment opportunity for those looking to acquire a substantial property with rental income potential at a discounted price. For further inquiries or to obtain more information, please contact us during our business hours.
45883 Gelsenkirchen