Property Description
This property is a mixed-use building with 23 apartments and a commercial unit. The building is 7 stories high, has a basement, and a flat roof. The living spaces of the 23 apartments range from 48 to 112 m², totaling 1,730 m². The total usable area is 606 m². Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. The heating is provided by district heating, and hot water is generated by an electric instantaneous water heater. At the time of valuation, most of the apartments were rented out, and not all units could be viewed. Access to the underground garage and delivery to the commercial unit on the ground floor is through another property, which means this use is not contractually guaranteed. Various depreciations have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out. The land register shows a registered tenancy right to occupy apartments and a mortgage of €750,000 plus 15% annual interest at the time of the procedure on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions.

Price Thoughts:
The property is currently listed at €1,690,000 but there is potential to secure a 30% discount on the market value, bringing the price down to €1,183,000. In addition, notary fees and agency commissions are waived. This property offers a unique opportunity for a buyer to acquire a substantial building at a discounted rate. It is important to consider the potential costs and responsibilities associated with the property's current conditions and obligations before making a purchase.

Objektbeschreibung                          Es handelt sich um ein Wohn- und Geschäftshaus mit 23 Wohnungen und einer Gewerbeeinheit. Das Gebäude ist 7-stöckig, unterkellert und verfügt über ein Flachdach. Die Wohnflächen der 23 Wohnungen variieren zwischen 48 und 112 m², insgesamt beträgt die Wohnfläche 1.730 m². Die Nutzfläche beträgt insgesamt 606 m². Zudem verfügt das Gebäude über Balkone, Terrassen und 13 Tiefgaragenstellplätze. Es wurde im Jahr 1975 erbaut.Die Beheizung erfolgt über eine Fernwärme-Zentralheizung, und für Warmwasser sorgt ein Elektro-Durchlauferhitzer. Zum Zeitpunkt der Wertermittlung waren die meisten Wohnungen vermietet, und nicht alle Einheiten konnten besichtigt werden. Die Zufahrt zur Tiefgarage und die Anlieferung zur Gewerbeeinheit im Erdgeschoss erfolgen über ein anderes Grundstück, was bedeutet, dass diese Nutzung nicht vertraglich gesichert ist. Es wurden verschiedene Wertminderungen vorgenommen, darunter auch aufgrund eines Brandschadens in der Gewerbeeinheit. Es gibt Hinweise darauf, dass bisher keine Renovierungsarbeiten durchgeführt wurden. Im Grundbuch sind ein eingetragenes Wohnungsbesetzungsrecht sowie eine Grundschuld in Höhe von 750.000 € zuzüglich 15 % Jahreszinsen zum Zeitpunkt des Verfahrens am 19.09.2024 vermerkt, die ein potenzieller Käufer übernehmen müsste gemäß den gesetzlichen Versteigerungsbedingungen.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 1.690.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 1.183.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

House for sale in Gelsenkirchen, Germany

Property Description:
Multiple family house, built around 1909, consisting of 7 units spread over 3 floors with an additional converted attic space. The total living area is 349m², with a full basement and 3 garages on the premises. There are known building defects and damages present. At the time of valuation, one unit was vacant while the rest were rented out.

Thoughts on Price:
Considering the age of the property and the existing building issues, the asking price of 300.000€ seems reasonable. However, potential buyers should factor in the cost of renovations and repairs that may be required to bring the property up to standard. It is important to conduct a thorough inspection and assessment before making a purchasing decision.

Objektbeschreibung                          Mehrfamilienhaus, Baujahr: ca. 1909, 7 Einheiten, 3  Etage(n), Dachgeschoß ausgebaut, Wohnfläche: 349m², Keller/vollunterkellert, 3 Garagen, Baumängel und Bauschäden, zum Zeitpunkt der Wertermittlung war eine Wohnung leerstehend und Rest vermietet

Property Description
This property is a residential and commercial building with 23 apartments and one commercial unit. The building is 7 stories high, has a basement, and a flat roof. The living areas of the 23 apartments range from 48 to 112 square meters, totaling 1,730 square meters. The total usable area is 606 square meters. Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. The heating is provided by a district heating central heating system, and hot water is supplied by an electric on-demand water heater. At the time of the valuation, most of the apartments were rented out, and not all units could be viewed. Access to the underground parking and delivery to the commercial unit on the ground floor is through another property, which means this use is not contractually secured. Various reductions in value have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out. The land register shows a registered right of occupation for the apartments and a mortgage of €750,000 plus 15% annual interest at the time of the proceedings on 19.09.2024, which a potential buyer would have to take over according to the legal auction conditions.

Price Thoughts
The listed price for this property is €1,690,000, but there is potential for a 30% discount on the market value, making the final price €1,183,000. With the opportunity to save on notary fees and agency fees, this property could be a great investment opportunity. Please contact us for further inquiries or to learn more about this property.

Property Description:

This multi-family house consists of 7 apartments spread across three floors. It is fully basemented and has an attic area. The total living space is 349 square meters. In addition, there is a separate building with a garage complex containing 3 individual parking spaces. The main building was fictitiously built in 1964, while the auxiliary building was constructed in 1962. Originally, the property dates back to 1909. 

All apartments and garage parking spaces are currently rented out. The heating is provided by a gas central heating system and night storage heating, while the hot water is heated by an electric instantaneous water heater. There are structural defects and damages, the overall condition of the property is below average.

Price Thoughts:

The property is currently listed for 300.000€ on the market, but it will be auctioned by the competent district court. There is a possibility to secure a 30% discount on the market value and acquire the property for only 210.000€. In addition, notary fees and agency commission are waived. 

This property presents a unique investment opportunity for those looking to acquire a substantial property with rental income potential at a discounted price. For further inquiries or to obtain more information, please contact us during our business hours.

Objektbeschreibung                          Das Mehrfamilienhaus verfügt über 7 Wohnungen und erstreckt sich über drei Etagen. Es ist voll unterkellert und verfügt über einen ausgebauten Dachgeschossbereich. Die Wohnfläche beträgt 349 Quadratmeter. Zusätzlich gibt es ein Nebengebäude, bestehend aus einer Garagenanlage mit 3 separaten Stellplätzen. Das Hauptgebäude wurde fiktiv im Jahr 1964 erbaut, während das Nebengebäude im Jahr 1962 errichtet wurde. Ursprünglich stammt das Gebäude aus dem Jahr 1909.Alle Wohnungen und Garagenstellplätze sind bereits vermietet. Die Beheizung erfolgt über eine Gas-Zentralheizung und Nachtspeicherheizung, das Warmwasser wird durch einen Elektro-Durchlauferhitzer erwärmt. Es gibt Baumängel und -schäden, insgesamt befindet sich die Immobilie in einem unterdurchschnittlichen Zustand.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 300.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 210.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property Description:
This multi-family house features 7 apartments spread over three floors. It is fully basemented and has an expanded attic area. The living space measures 349 square meters. In addition, there is an outbuilding consisting of a garage complex with 3 separate parking spaces. The main building was fictitiously built in 1964, while the outbuilding was constructed in 1962. Originally, the building dates back to 1909. All apartments and garage parking spaces are already rented. The heating is provided by a gas central heating system and night storage heating, and the hot water is heated by an electric instant water heater. There are structural defects and damages, overall, the property is in below-average condition.

Thoughts on Price:
At a selling price of 300,000€, this property offers significant potential for investment. With the opportunity to secure a potential 30% discount on the market value, savvy buyers could acquire this property for only 210,000€. Additionally, the absence of notary fees and agency commission make this an attractive proposition for those looking to invest in real estate. Despite the property's current condition, there is ample opportunity for renovation and improvement, adding further value to the investment. Don't miss out on the chance to acquire this property at a discounted price and unlock its full potential.

Property Description
This multi-family house consists of 7 apartments spread over three floors. It is fully basemented and has an attic area. The total living space is 349 square meters. In addition, there is an outbuilding consisting of a garage complex with 3 separate parking spaces. The main building was fictitiously built in 1964, while the outbuilding was constructed in 1962. Originally, the building dates back to 1909. All apartments and garage parking spaces are already rented out. The heating is provided by a gas central heating system and night storage heating, with hot water heated by an electric instantaneous water heater. There are building defects and damages, overall the property is in below-average condition. 

Thoughts on Price:
The property is currently listed for sale at a purchase price of 300,000€. It is important to note that this property is being auctioned by the competent district court. The estimated market value is the same as the selling price, however, there is an opportunity to secure a potential discount of 30%, bringing the final purchase price down to 210,000€. Additionally, notary fees and agency commissions are waived. The property may require some renovations and repairs due to the mentioned building defects, but with the discounted price and rental income from the already occupied units, this could be a great investment opportunity for the right buyer.

Property Description
This property is a residential and commercial building with 23 apartments and one commercial unit. The building is 7 stories high, has a basement, and a flat roof. The living spaces of the 23 apartments range from 48 to 112 square meters, with a total living area of 1,730 square meters. The total usable area is 606 square meters. Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. Heating is provided by a district heating central heating system, and hot water is provided by an electric instantaneous water heater. At the time of valuation, most of the apartments were rented out, and not all units could be inspected. Access to the underground garage and delivery to the commercial unit on the ground floor is through another property, which means that this use is not contractually guaranteed. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out so far. The land register contains a registered occupancy right for the apartments and a mortgage of €750,000 plus 15% annual interest at the time of the procedure on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions. 

Thoughts on Price
The listing price for this property is €1,690,000, but there is potential for a 30% discount on the market value, bringing the price down to €1,183,000. This could present an excellent opportunity for interested buyers to acquire this property at a discounted rate. Additionally, with the waiver of notary fees and brokerage commission, the overall cost of purchasing this property could be significantly reduced. It's worth considering that there may be additional costs associated with addressing the existing impairments and potential renovations needed on the property. Overall, this property presents a unique investment opportunity for those willing to make the necessary improvements and take on the associated obligations.

House for sale in Gelsenkirchen, Germany

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