House for sale in Oberhausen, Germany

Property description The building, originally built in 1927 as a single-family house with stable attachments, was renovated in 1949 and converted into a two-story multi-family house with 5 apartments. The attic was converted to create a total living space of 433.63 m², with individual living spaces ranging from 55-151 m² per apartment. The building features balconies, terraces, and a garden. There are two garages with storage space and a separate single garage added in 1971/72. Further renovations, extensions, and additions were made between 1999-2004. The property is heated and has hot water provided by a gas central heating system. Unfortunately, interior viewing of the house was not possible. Thoughts on price The property is listed at a price of 495,000€. However, it is being auctioned by the local court, offering potential buyers a 30% discount on the appraised value. This means that the property could potentially be purchased for only 346,500€, with no additional notary fees or agency commissions. With the opportunity to acquire this property at a discounted price, it presents a great investment opportunity for those looking to purchase real estate in Oberhausen.