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House for sale in Vlotho, Germany
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House for sale in Vlotho, Germany

667 000€

32602 Vlotho

Property description

Property Description: A detached multi-family house with 11 apartments on a slope, spread over three floors and partially basement. The living spaces range from 38 to 90 m² and in total they cover 761 m². In addition, the building has balconies, 8 garages, and 4 outdoor parking spaces. It was built in 1973. Heating is provided by a gas floor heating system from Vaillant. Some balcony floor coverings need to be renewed, and there are color peelings on the balcony ceilings. There is a moisture damage in the forced ventilation system of the bathroom of the apartment on the middle 2nd floor. Light cracks are visible on the facade. The value reduction due to the damages has been taken into account. Price Thoughts: The asking price for this property is 667.000€. Considering the mentioned damages and necessary renovations, the property seems to be priced fairly. Buyers have the potential to secure a 30% discount on the market value, bringing the price down to 466.900€. Additionally, there are no notary fees or agent commission involved in the purchase. It is advisable for interested buyers to explore this opportunity further and consider the potential for a profitable investment.

Location

32602 Vlotho

Date added: 02.11.2024

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