House for sale in Hagen, Germany

Property description: This property is a four-family house with four two-room apartments and one one-room apartment. The house is four stories high, has a basement, and a total of 237.17 m² of living space. The apartments range in size from 30-52 m² and the building was constructed in 1914, rebuilt in 1948. A viewing of the interior was not possible, but it appears that extensive modernization, maintenance, and renovation are needed. The garden at the back of the property is overgrown. The property is located above a former mining area that is now abandoned. There are no mining activities mentioned in the documentation, so there are no expected mining impacts. Price thoughts: The property is currently being auctioned by the local court with a market value of 78,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to only 54,600.00 EUR. Additionally, notary fees and agency commissions are waived. This property offers potential investors the opportunity to acquire a unique property at a discounted price. For more information and similar opportunities, contact the provided phone number.