House for sale in Hagen, Germany

Property Description This property is a multi-family house with likely 4 apartments, spread over 3 floors and with a basement. The living space totals 270 square meters, with an additional covered terrace. The property also includes a garage with a one-story annex, offering a total usable area of 119 square meters. The year of construction is unknown, but it is believed to have originated from the pre-war period. It was rebuilt between 1948 and 1950, and then renovated and expanded in 1955. The garage was added in 1975. Heating is provided by an oil central heating system installed in 1968. An interior viewing was not possible, but from the exterior, the residential building appears to be moderately well-maintained. The facade shows minimal signs of weathering, although there are some small chippings visible. In some areas, the plaster has not been executed particularly meticulously. Price Thoughts The property is being offered at a starting price of 322,000 euros. However, it is possible to secure a discount of up to 30% off the market value, bringing down the cost to just 225,400 euros. Additionally, there are no notary fees or agent commission to be paid. This property presents a unique investment opportunity for potential buyers looking to acquire a spacious multi-family residence in a convenient location. It is certainly worth considering for any serious property investor.