House for sale in Wuppertal, Germany

Property Description: A detached multi-family house built in traditional timber frame construction with an extension, consisting of a total of 6 apartments. The building is two stories high, has a basement, and an attic conversion. The living spaces range from 43 to 104 square meters, totaling 448 square meters. Additionally, there are terraces and 4 garages. The main building was constructed in 1900, while the garages were built in 1950 and 1985. Heating and hot water are provided by a wood pellet heating system installed in 2011. There is underfloor heating in the extension on the right side. Four out of the six apartments have been inspected. The apartments receive satisfactory sunlight and lighting. However, there are identified construction defects and damages, such as moisture issues in the basement area on the external walls, outdated electrical systems, renovation needs in the attic apartment, damaged roof windows, lack of insulation in the top floor ceiling, and partially low parapet heights at the windows. Price Thoughts: The property is listed at a market value of 435,000.00 EUR, and there is an opportunity to secure a 30% discount on the market value, reducing the price to just 304,500.00 EUR. Notary costs and agency fees are waived, making it a potentially attractive investment opportunity. This property presents as one of many interesting real estate options in our monthly affordable property auction catalog. For more information and to potentially acquire your dream property at a discounted rate, contact us at the provided phone number.