House for sale in Karlsruhe, Germany

Property Description: A two-story multi-family house with three apartments, a basement, and a converted attic is being offered for sale. The living space amounts to 312 square meters. It includes an attached double garage and a single garage with extra length. The building was constructed in 1968 and partially modernized in 2003, particularly the windows. The layout comprises on the ground floor: hallway, guest toilet, four rooms, kitchen, bathroom/toilet. On the upper floor: hallway, guest toilet, four rooms, kitchen, bathroom/toilet, and a covered balcony. The attic features a hallway, two rooms, kitchen, and bathroom/toilet. The building is heated by gas central heating, with hot water provided by the central heating on the ground and upper floor, and by electric appliances in the attic. The general condition of the residential building appears average, with noticeable maintenance needs related to its age. There are some repair backlogs, such as moisture damage on the parquet, leaking window seals, and other minor repairs. Thoughts on Price: The asking price for this property is 763,000 EUR. However, there is a possibility to secure a 30% discount on the appraised value, bringing the price down to 534,100 EUR. This discounted price, along with the waiver of notary fees and brokerage commissions, presents a potential opportunity for buyers. The property's condition, size, and location should be taken into consideration when evaluating its price competitiveness in the market.