House for sale in Herne, Germany

Property Description: Multi-family house with commercial unit and 6 apartments, spread over 3 floors with a basement and converted attic. The living spaces vary between 79 and 127 sqm, totaling 554 sqm of living space and 88 sqm of usable space. Additionally, there are 2 parking spaces in the courtyard. The building was likely built in 1895, with a conversion/extension in 1928/29. The room layout includes on the ground floor: hallway, commercial space, kitchen, toilet // hallway, bathroom, kitchen, 3 rooms; On the first and second floors on the right: hallway, bathroom, kitchen, storage room, 3 rooms, loggia // on the left: hallway, bathroom, kitchen, 4 rooms, loggia; In the attic: 2 hallways, 2 bathrooms, kitchen, storage room, 4 rooms, balcony. Heating and hot water supply are provided by a gas central heating system from 2013. Only the apartment on the 1st floor on the right has a gas combi boiler. There is evidence of deferred maintenance. Interior inspections were not possible for three out of six apartments. Thoughts on Price: The property is being auctioned at the local district court with a market value of 541,000.00 EUR. Buyers may be able to secure a 30% discount on the market value, resulting in a purchase price of only 378,700.00 EUR for this property. Notary fees and agent commission are also waived. This property presents a great opportunity for investors or individuals looking to acquire a unique property at a discounted price.