House for sale in Koln, Germany

Property Description: This property is a semi-detached residential and commercial building with apartments, retail spaces, and office units. The building spans over 5 floors and has a basement with a usable area of 105 m² used as storage. The usable areas are 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 between 1951 and the first floor, while the construction of the second to fourth floors occurred in 1969. A partial renovation of the facade was carried out in 2007. The heating system is operated by a gas central heating system, which was renewed in 2011. Hot water is provided by a tankless water heater. It is advisable to check the structural fire protection, especially regarding the elevator and the second escape route. The entrance door to the rear residential building part can only be accessed via a property without a right of way. The common cellar and transformer room are only accessible through the cellar of the commercial unit. The energy efficiency of the building, as well as the facade and windows, mostly still correspond to the construction year, although some maintenance measures have been taken. The overall structural condition can be considered satisfactory. Price Thoughts: The property is being auctioned at the local district court for 8,700,000.00 EUR. There is a possibility to secure a 30% discount on the market value, reducing the price to 6,090,000.00 EUR for the above-mentioned property. Additionally, notary fees and agency commissions are waived. This property is one of many interesting properties featured in our monthly cost-effective REAL ESTATE AUCTION CATALOG. Obtain these information now to acquire your desired property at a reasonable price. Contact us for further inquiries by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the telephone number 0221-97459790.