House for sale in Muhlberg, Germany

As a potential buyer, this property is located in Mühlberg, Germany (04931). The description provided indicates that it is a 2-family house with a separate outbuilding and a covered parking lot. The house was built in 1900 and 1930/35, with some parts potentially protected under the Denkmalschutz. Currently, the property is leased, so you will need to consider the potential rent income while assessing the investment potential. To contact the listing agent, please call during their office hours: Monday - Friday from 8:00 - 20:00, or Saturday and Sunday from 10:00 - 18:00. You can reach them at 0221-97459790. Please note that this house is subject to auction through the local Amtsgericht, and the estimated market value (Verkehrswert) is 118,000 EUR. However, it is also mentioned that you might be able to secure a 30% discount on the market value, making the estimated purchasing price 82,600 EUR. This would include notary fees and commission. This property is listed in the "IMMOBILIENVERSTEIGERUNGS-KATALOG", a monthly, cost-effective catalog. By subscribing, you can stay informed about more affordable properties. As for its suitability for real estate investment, the property offers dual income potential, given its 2-family configuration. This could be attractive to investors seeking income from both residential and commercial components. Considering the location near Mühlberg, potential rental income and growth potential may be lower compared to premium markets, though it could still offer an opportunity for a solid investment return. From a lifestyle perspective, owning such a property would potentially give pride of ownership for its classic construction and potential historical features. The covered parking facility could be very advantageous in the region, especially for those who own cars or can benefit from additional storage space.