House for sale in Schwelm, Germany

Property Description Two-storey residential and commercial building with 2 apartments and a retail space. The building has a basement, an attic, a total living space of 215 square meters, and a total usable area of 110 square meters. Additionally, the property includes a nursery with a storage shed (53 square meters) and a greenhouse (259 square meters). Built around 1906, the shed dates back to 1955 and the greenhouse to 1959. The layout includes a hallway and 6 cellar rooms in the basement, a hallway, men's WC, women's WC, pantry, storage room, tying room, 2 sales rooms, and an office on the ground floor. The upper floor features a hallway, a bathroom/WC, a music room, a kitchen, a bedroom, a children's room, and a living room. The attic consists of a hallway, another bathroom, a kitchen, 4 rooms, and a balcony. The property is heated and the hot water is provided by an older gas central heating system by Vaillant. Some construction defects and damages have been identified, including large cracks in the plaster, corrosion on ceiling beams, moisture on cellar walls, and mold in the bathroom grout. Price Thoughts The property is listed for sale at a price of 346,000€, and it is set to be auctioned off by the local district court. However, there is an opportunity to potentially secure a 30% discount on the market value, bringing the price down to 242,200€. Additionally, there are no notary fees or agent commission to be paid. This property offers a unique opportunity for investors or buyers looking to acquire a diverse property with both residential and commercial potential. Contact us for further information or to inquire about other properties available for sale through our monthly real estate auction catalog.