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House for sale in Rummelsheim, Germany
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House for sale in Rummelsheim, Germany

88 500€

55452 Rümmelsheim

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

Property Description: An older single-family house with one floor, partially basement and with a converted attic. The total living and usable area is 161/125 m². The building also has an annex and a barn. The year of construction is estimated to be around 1910. The heating is done through individual stove heating. A viewing of the interior was not possible. The residential building is in a dilapidated condition with significant investment and repair needs. The ground floor walls are damp up to a height of about 1 meter. Price Thoughts: The property is being auctioned at a starting price of 88.500 EUR, however, there is a possibility to secure a 30% discount on the market value and pay only 61.950 EUR. In addition, notary and agency fees are waived. This property presents a unique opportunity for buyers looking to invest in a property with potential for renovation and improvement at a discounted price.

Location

55452 Rümmelsheim

Date added: 27.10.2024

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