House for sale in Lunen, Germany

Property Description: Detached building for residential and commercial purposes (with a 5-room apartment and 2 commercial units), 3 storeys plus a basement, living area approx. 100 m², usable area approx. 181 m². The building was likely built around 1884 and was modernized in 2019, especially the roof. The heating is operated by a gas boiler, and the hot water is heated with an electric instant water heater. There is air conditioning on the ground floor and partially on the first floor. There is a general large backlog in maintenance and repairs. Price Thoughts: With a listed price of 547.000€, this property offers a unique opportunity for those looking to invest in a mixed-use building with potential for both residential and commercial income. The recent modernization, including the updated roof, adds value to the property. Additionally, the possibility of securing a 30% discount on the market value, bringing the price down to 382.900€, makes this an attractive investment opportunity. However, potential buyers should be aware of the maintenance and repair needs of the property. Overall, this property has great potential for a buyer looking to invest in a versatile building with various income opportunities.