House for sale in Koln, Germany

Property Description A semi-detached residential and commercial building with apartments, retail spaces, and office units. The building spans over 5 floors with a basement measuring 105 m², used for storage. The total usable space includes 503 m² and 112 m², totaling 108 m² of living space and 722 m² of usable space. There is also a two-story annex with a basement. The reconstruction took place in 1951 up to the first floor, with the construction of the second to fourth floors in 1969. A partial redesign of the facade was carried out in 2007. The heating is provided by a gas central heating system, which was renewed in 2011. Hot water is provided by a water heater. It is advisable to review the structural fire protection, especially in relation to the elevator and the second emergency exit. The entrance door to the rear residential building can only be accessed through a property with no right of way. The common cellar and transformer room can only be accessed through the basement of the commercial unit. The energy-efficient condition of the building, as well as the facade and windows, largely reflect the construction year, although some maintenance measures have been carried out. The overall structural condition can be considered satisfactory. Price Thoughts The property is being auctioned at a market value of 8,700,000.00 EUR. There is a possibility to secure a 30% discount on the market value, making the purchase price 6,090,000.00 EUR. Additionally, notary fees and agent commission are waived. This property is just one of many interesting real estate opportunities featured in our monthly affordable REAL ESTATE AUCTION CATALOG. Obtain these details now to acquire your desired property at a discounted price.