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House for sale in Karlsruhe, Germany

2 260 000€

76189 Karlsruhe

Property description

Property Description: This residential and commercial building in Karlsruhe features 10 apartments and 2 commercial units across three floors, with a cellar. The living spaces range from 32.67 to 81.61 m², totaling 581.2 m² of living space and a usable area of 62/135 m². Additionally, the property offers balconies and a garage building with 6 garages. Built in 1971/72, the heating and hot water supply is provided by an oil central heating system installed in 2008. The building is in a condition that reflects its age, with some areas having been modernized. Overall, the maintenance level is average, with identified areas in need of repair or refurbishment that align with the age and condition of the property. Price Thoughts: The listing price for this property is 2.260.000€ which may seem high at first glance, but with the potential for a 30% discount on the market value, bringing the price down to 1.582.000€, this property presents a great investment opportunity. Additionally, the savings on notary fees and agent commission make it an even more attractive option for those looking to purchase a property in this area. Be sure to explore this property in detail and consider the possibilities it offers for both residential and commercial use.

Location

76189 Karlsruhe

Date added: 20.10.2024

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