House for sale in Hagen, Germany

Property description: This property is a four-family house consisting of four two-room apartments and one studio apartment. The house is four stories high, with a basement, and a total living area of 237.17 m². The apartments range in size from 30-52 m², and the building was constructed in 1914, rebuilt in 1948. Due to the restricted access, a thorough modernization, maintenance, and renovation is likely needed. The garden at the back of the property is overgrown. The property is situated above a former mining site that has since been decommissioned. There are no mining activities documented in the available records, so there should be no mining-related impacts to consider. Overall, this property is in need of significant renovations and upkeep, but it presents an opportunity to create a charming and functional living space with some investment. The listed price of 78.000€ seems affordable considering the potential to negotiate a 30% discount, bringing the purchase price down to 54.600€. Given the potential for discount and savings on notary and agency fees, this property could be a worthwhile investment for someone willing to put in the effort to update and renovate.