House for sale in Suhl, Germany

Property Description: Residential/commercial building with 4 apartments and a restaurant. The building is two stories, has a basement, and an attic. It offers a living space of 197 sqm and a total area of 148 sqm, including a green space. Built around 1926, the apartments were renovated after 1990. Partially new windows were installed in 1995 and in 2016/17. The layout is as follows: - Ground floor North House No. 31: Entrance hall, WC, hallway, dining room with a bar, billiard room, another dining room, and beverage storage with an area of 50.06 sqm. - Ground floor South House No. 33: Entrance hall, WC, hallway, kitchen, dining room, game room, beverage storage with an area of 47.70 sqm. - Upper floor North House No. 31: WC (in the hallway), storage room, kitchen, living room, bedroom with an area of 53.71 sqm. - Upper floor South House No. 33: WC (in the hallway), hallway, living room, bedroom, kitchen, bathroom with an area of 54.41 sqm. - Attic North House No. 31: hallway, living room, bedroom, bathroom, chamber with an area of 35.91 sqm. - Attic South House No. 33: kitchen, living room, bedroom, bathroom, WC with an area of 53 sqm. The entire building is heated by separate stoves, while hot water is heated with electric devices. There are structural defects, damages, and a high need for maintenance and renovation. Price Thoughts: The property is currently being auctioned by the competent district court at a market value of 61,000.00 EUR. It is possible to secure a 30% discount on the market value, reducing the price to 42,700.00 EUR. Additionally, notary fees and agency commission are waived. This property presents a great investment opportunity for those looking to acquire a property at a discounted price and are willing to invest in necessary renovations and maintenance.