House for sale in Oberhausen, Germany

Property description: Originally built as a single-family house with stable attachments in 1927, this building was renovated in 1949 and converted into a two-storey multi-family house with 5 apartments. The attic was expanded to create a total living area 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 as well as a separate single garage added in 1971/72. Further renovations, extensions, and additions took place between 1999-2004. The heating and hot water supply is provided by a gas central heating system. Unfortunately, interior viewings of the house are not possible. Thoughts on price: The property is being auctioned by the local district court with a market value of 495,000.00 EUR. There is a possibility to secure a 30% discount on the market value, potentially purchasing the property for only 346,500.00 EUR. Additionally, notary fees and agent commissions are waived. This property presents an opportunity for a savvy buyer to acquire a sizable investment at a discounted price.