House for sale in Remscheid, Germany

This property is a four-story multi-family house located in the historic area of 42857 Remscheid. Built around the turn of the century, this property consists of 5 apartments, a retail space, and a basement with a total usable area of 308 square meters. Four of the apartments are currently rented out, providing a steady source of income for potential buyers. The heating is provided by a gas central heating system. The property is being auctioned at the local court with a listed market value of 266,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, bringing the final price down to 186,200.00 EUR. Additionally, there are no additional costs for notary fees or agency commissions, making this a cost-effective investment opportunity. This property is just one of the many attractive listings featured in our monthly real estate auction catalog. For more information and to potentially acquire this property at a discounted price, please contact us at 0221-97459790.