House for sale in Karlsruhe, Germany

Property Description: A three-story multi-family house with a total of four apartments, a basement, and an attic. The total living space is 405.64 m². In addition to the main building, there is a secondary building with two small garages, bicycle parking spaces, and a storage room. The main building was built in 1936 and partially modernized and renovated since 2006/07. Each of the first three floors includes a hallway, a guest toilet, four rooms, a bathroom/toilet, a kitchen, and a balcony with an area of 102.61 m² each. The attic has a hallway, a guest toilet, four rooms, a shower room/toilet, a storage room, a kitchen, and a balcony with a total area of 97.81 m². There is also a room on the attic floor designed as a "captive room." The heating and hot water supply are provided by a gas boiler from 2017/18. Some of the apartments are equipped with built-in wardrobes. The overall quality of the apartments is good. The residential building is in a partially corresponding to the year of construction, mostly partially/modernized, and well-maintained condition. Price Thoughts: The property is currently listed at a price of 1.435.000€, however, there is the potential to secure a 30% discount on the appraised value, bringing the price down to 1.004.500€. This presents a great opportunity for potential buyers looking to acquire this property at a discounted price. Additionally, the property is being auctioned through the local court, which may also offer opportunities for savings on notary fees and agency commissions.