House for sale in Koln, Germany

Property Description Semi-detached multi-family house with three apartments, spread over two floors and a basement. The attic is converted, with living spaces ranging from 45 to 59 square meters, totaling 157 square meters of living space and 50 square meters of usable space. The building features a single-storey extension, a parking space, and a garden. Built in 1925, the property was modernized in 1969/90. Heating is provided by a gas central heating system. A complete interior inspection was only partially possible. The extension of the annex does not have a permit. There is a significant maintenance backlog and extensive need for renovation work. Price Thoughts The property is listed for sale at a traffic value of 370,000.00 EUR. It is worth noting that there may be potential for a 30% discount on the traffic value, making the purchase price 259,000.00 EUR. Additionally, there are no notary costs or agent fees associated with the acquisition. This property presents an opportunity for a prospective buyer to acquire a unique investment at a potentially discounted rate.