House for sale in Hamm, Germany

This property in Hamm is a multifamily house built around 1954, consisting of 6 units spread across 2 floors. With a total living space of 272m², each of the six apartments has its individual value. The entire property has been sealed, but there is a need for complete renovation as all plumbing and electrical lines, fixtures, radiators, and heating system are missing. At the time of valuation, the property is not inhabitable. Considering the extensive renovation needed for this property, the asking price of 167.300€Kaufpreis may seem high. However, with the right investment and vision, this property has the potential to be transformed into a profitable asset. It is important to factor in the renovation costs when assessing the overall value of the property. This listing presents a unique opportunity for investors or developers looking to take on a renovation project in a desirable location.