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House for sale in Schkeuditz, Germany
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House for sale in Schkeuditz, Germany

239 000€

04435 Schkeuditz

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Property Description: Two-story multi-family house with partial basement and converted attic. The total living and usable area is 261 m². The building dates back to 1896 and has been partially renovated since 2003. In addition, there is an outbuilding and a small covered outdoor area. The layout includes in the basement storage rooms, on the ground floor unsanitary and partially renovated rooms, on the upper floor hallway, bathroom/ WC, guest WC, kitchen, bedroom, and living room, and in the attic hallway, bedroom, living room, and converted office spaces. The outbuilding was constructed in 2021. The heating and hot water supply are provided by a gas central heating system, which was replaced in 2021. A portion of the attic is used commercially (as an office). Thoughts on Price: The property is being auctioned at the local district court with a market value of 239,000.00 EUR. There is a possibility to secure a 30% discount on the market value, resulting in a purchase price of 167,300.00 EUR for the property. Additionally, notary fees and agency commissions are waived. This property presents a great opportunity for potential buyers to acquire a unique property at a discounted price. For more information on this and other properties available for auction, please contact the provided phone number.

Location

04435 Schkeuditz

Date added: 28.08.2024

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