House for sale in Koln, Germany

Property Description Detached single-family house (condominium No. 1) with two floors, basement, a living area of 159 sqm, balcony, a single-story double garage without basement and parking spaces in front of it. The exact year of construction is not known, presumably from the 1950s. The layout includes in the basement: storage room, oil storage room, boiler room, utility room, and laundry room; on the ground floor: hallway, shower room, kitchen, dining room, and living room; on the upper floor: hallway, bathroom, and two bedrooms; in the attic: toilet and another room. The gas-operated heating system is defective and hot water is provided through electric devices. The condition of the building is average, but the heating system and many parts of the sanitary facilities need to be renewed. The balcony, attached to the building extension, extends over the neighboring property areas (parking spaces and pathways) as well as behind the house (courtyard). Price Thoughts The property is being auctioned by the local district court with a listed market value of 840,000.00 EUR. There is a possibility to secure a 30% discount on the market value, bringing the price down to 588,000.00 EUR. Additionally, notary fees and agency commission are waived. The property presents a potential opportunity for renovation and improvement, offering a chance for a savvy buyer to customize the home to their liking at a discounted price. For more information on this property and other similar listings, please contact us at the provided phone number.