House for sale in Karlsruhe, Germany

Property Description: This property is a leasehold multi-family house consisting of three apartments, two stories with a basement and converted attic. The total living space is 228.3 m², and it also includes a double garage. Built in 1958/59, the building has undergone various partial modernizations, repairs, and expansions since the 1980s. The layout is as follows: - Ground floor: Entrance area, guest WC, 4 rooms, shower/WC, kitchen, terrace, 90.8 m² - Upper floor: Hallway, guest WC, 3 rooms, bathroom/WC, kitchen, balcony, 82.8 m² - Attic: Hallway, bathroom/WC, storage room, living/bedroom with open kitchen, 54.7 m² All apartments are currently rented out. Gas central heating provides heating and hot water, and the bathrooms are equipped with towel radiators. The residential building is in a partially age-appropriate, mostly partially modernized, and well-maintained condition with an average level of furnishings. The leasehold is for 70 years since 03.02.1958. Thoughts on Price: The property is being auctioned at a traffic value of 331,000.00 EUR. However, there is a possibility of securing a 30% discount on the traffic value, reducing the price to only 231,700.00 EUR. Additionally, there are no notary fees or agency commissions involved in the purchase. This property presents an opportunity to acquire a well-maintained and income-generating asset at a potentially discounted price.