House for sale in Ulm, Germany

Description: "Multi-family house with 4 residential units situated on a hillside. The building is two stories, partially basement, with an attic and an attic space. The total living area is 443 m². Additionally, there is a former utility building and 6 parking spaces. The exact year of construction is unknown, but an annex to the basement was added in 1958 and a renovation took place in 1995. The layout is as follows: On the ground floor, there are a hallway, utility room, 2 bathrooms, pantry, hallway, and 3 rooms totaling 152 m². On the first floor, on the right side, there is a hallway, guest WC, bedroom with access to the kitchen/living room, bathroom/WC, an outside storage room, and a balcony, totaling 55 m². On the left side of the first floor, there is a hallway, guest WC, bedroom, kitchen/living room, bathroom/WC, an outside storage room, and a balcony, totaling 82 m². In the first attic, there is a hallway, storage room, bedroom, bathroom/WC, and a living/dining room with an open kitchen. In the second attic, there is a hallway, loft, bedroom, bathroom/WC, totaling 154 m². Heating according to the building plan is provided by a wood/coal-oil combination device; support for hot water is provided by solar panels. The residential building is in average condition considering the conversion or expansion year. There are building damages and deficiencies, including algae stains on the facade, plaster chippings, and cracks in the area of the building base, as well as decayed and brittle spots on the wooden floorboards of the southeast balcony. The apartment on the ground floor has two separate entrances. Please contact us for further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the telephone number 0221-97459790. This property is being auctioned at the local district court. Market value: 1,370,000.00 EUR. Secure a potential 30% discount on the market value and pay only 959,000.00 EUR for the above-mentioned property. Notary costs and agency fees are also waived. This is one of many interesting properties that we publish in the current, monthly edition of our cost-effective REAL ESTATE AUCTION CATALOG. Obtain this information now to acquire your desired property at a low price. Catalog information: Phone number 0221-97459790." Thoughts on price: The asking price for this property is set at 1,370,000.00 EUR, which is reflective of the potential of the property and its location in Ulm. The discounted price of 959,000.00 EUR offers a significant savings opportunity for potential buyers. Considering the size and potential rental income of the property, this could be a worthwhile investment with the right renovations and maintenance.