House for sale in Muhlhausen, Germany

Property Description: This single-family house, also known as a settlement house, consists of one floor without a basement and an attic with a living space of 90 m². It has an annex with 17 m² of usable space, a rear annex with 30 m² of usable space, and a shed. The house was built around 1890 and modernized after 1990, including the roofing, windows in the attic, and heating system. The layout includes a hallway, a storage room, a bathroom/ toilet, a kitchen, and a living room on the ground floor, as well as a hallway, a bedroom, a chamber, and a child's room in the attic. The building has been vacant for two years and was constructed in a simple manner, with thin outer walls, a complex floor plan, and enclosed rooms. The heating is provided by a gas central heating system, while the hot water is heated by an electric boiler. There is a significant need for renovation and modernization. Price Thoughts: The asking price for this property is 2,00 EUR. Considering the need for renovation and modernization, as well as the fact that it is being auctioned off by the local court, there is potential for a discount of up to 30% off the market value, bringing the price down to only 1,40 EUR. In addition, there are no notary fees or agent commission to be paid. This property presents an opportunity for buyers looking to invest in a fixer-upper at a potentially discounted price. Contact us for more information and to explore this and other interesting properties in our monthly real estate auction catalog.