House for sale in Mannheim, Germany

Property Description: This semi-detached multi-family house with three residential units is two stories high, with an attic, and has a living area of 215 m². It was built in 1929 and has undergone modernization measures in the 1970s and 1980s. The layout is as follows: on the ground floor, there is a hallway, three rooms, a bathroom with toilet, a kitchen, and a loggia totaling 72 m². On the first floor, there is a hallway, three rooms, a bathroom with toilet, a kitchen, and a balcony totaling 72 m². The attic features a hallway, three rooms, a bathroom with toilet, and a kitchen totaling 71 m². The oil central heating has been out of operation for at least 3 years, with hot water being provided by an electric boiler. According to information, the residential building has been vacant for approximately 7 years, except for the ground floor unit. The building overall is in below-average condition with damages and shortcomings both inside and outside due to aging and neglected regular maintenance. Thoughts on Price: The asking price for this property is €270,000. However, there is the potential to secure a discount of 30% on the market value, bringing the price down to €189,000. Additionally, notary fees and broker commissions are waived. This property is being auctioned by the relevant district court and presents an opportunity for buyers looking for a value investment.