House for sale in Wuppertal, Germany

Property Description: A multi-family house with seven apartments, attached on both sides, four stories high and with a basement. The apartments range in size from 40 to 91 sqm, totaling 364 sqm of living space. The building also features a terrace and was built between 1948 and 1959, partially modernized. Heating and hot water supply are provided by gas floor heating systems from the brands Vaillant and Wolf. The condition of the building is neglected and unkept, partially in need of renovation. Only four apartments were able to be viewed from the inside. The attic may be able to be converted. In 2003, a building permit was obtained for the conversion of the attic. Price Thoughts: The property is being auctioned by the local court with a market value of 420,000.00 EUR. There is a possibility of obtaining a 30% discount on the market value, reducing the price to only 294,000.00 EUR. Additionally, notary fees and agent commissions are waived. This property presents a great investment opportunity for those looking to acquire a property at a discounted price and are willing to put in the necessary renovation work. Contact us for more information.