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House for sale in Hagen, Germany
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House for sale in Hagen, Germany

475 180€

58095 Hagen

Investment Breakdown

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Property description

Property Description A detached multifamily house with three residential units, one floor, partially finished basement, and finished attic. The living areas range from 36 to 116 square meters, totaling 292 square meters of living and usable space. The house features a terrace, a garden, a basement double garage, and a paved parking area. Built in 1981, the property is heated by an oil central heating system from 2006, with hot water provided by an electric water heater. The building is in need of modernization and maintenance work. It could potentially be used as a two-family house in the future. Despite being registered in the suspected contaminated sites register (former quarry filled in after closure), there is no immediate health risk with unchanged use. However, environmental agency investigations are required for any new construction applications. There are undisclosed development contribution fees to be paid, and all encumbrances in the land register must be assumed by the new owner. The property consists of two plots that form an economic unit. There is no evidence of mining activities in the area, even though the property is located above two decommissioned mining areas. Price thoughts: The property is being auctioned off by the competent local court with a market value of 475,180.00 EUR. Potential buyers have the opportunity to secure a 30% discount on the market value, bringing the price down to 332,626.00 EUR. In addition, notary fees and agency commissions are waived. This property is just one of the many interesting listings available in our monthly affordable REAL ESTATE AUCTION CATALOG. Obtain the information now to acquire your desired property at a bargain price. Contact us for more details.

Location

58095 Hagen

Date added: 11.08.2024

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