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House for sale in Iserlohn, Germany
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House for sale in Iserlohn, Germany

485 000€

58638 Iserlohn

Property description

Property Description: Multi-family house with 2 apartments and 2 studio apartments, spread over 2 floors and an attic. The building has a total of 356 square meters of living space and 103 square meters of usable space. In addition, there is a separate office building with 2 floors and a basement, offering 169 square meters of usable space. It also includes extensions and a garage. The main building was built in 1879 as a villa and is listed as a historical monument. The extensions were made in 1883 and 1936, while the garage was built in 1958. The heating is provided by a gas central heating system in the office areas, while infrared heating panels are used in the rooms. There is also a fireplace on the ground floor. Hot water is provided by a tankless water heater. Renovation is needed. Price Thoughts: The asking price for this property is 485,000.00 EUR, which may seem high at first glance. However, it is important to consider that there is potential to secure a 30% discount on the market value through a public auction, bringing the price down to 339,500.00 EUR. Additionally, there are no notary fees or agent commissions to be paid. This presents a great opportunity for a savvy investor or buyer looking to acquire a unique property with historical significance. Consider exploring this option further to potentially acquire this property at a discounted rate.

Location

58638 Iserlohn

Date added: 28.08.2024

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