House for sale in Witten, Germany

Property Description: The building is a residential and commercial property with four apartments and two commercial units, spread over two floors with a basement and an attic. The total living and usable area is 275 sqm and 141 sqm, respectively. It also includes a garage and was originally built as a residential house at the end of 1900 before being converted in 1965. The building is equipped with a gas central heating system for heating, while hot water is provided by a tankless water heater and a boiler. There is some maintenance backlog, and there is a billboard on the right gable side of the building. Price Thoughts: The property is being auctioned at the local district court with a listed market value of 430,000.00 EUR. There is a possibility to secure a 30% discount on the market value, making the purchase price 301,000.00 EUR. Additionally, there are no notary fees or agent commissions involved in the purchase. This property presents a great opportunity for potential buyers looking to acquire a diverse residential and commercial building at a discounted price.