House for sale in Monchengladbach, Germany

Property Description A three-story multi-family house in row construction with a total of seven apartments. It consists of four 1-room and three 2-room apartments, is partially basemented, and has an extended attic area. The living space varies between 32 and 51 m², with a total of 243.97 m² of living space in the building. It was first built in 1953, and the attic was converted in 1978. In the rear part of the property, there are buildings that were constructed without the necessary building permit. The condition of the buildings is below average, however, it was not possible to conduct an interior inspection. Thoughts on Price The property is listed at a price of 215,000 EUR, which is the estimated market value. However, there is potential to secure a 30% discount on the market value, bringing the price down to 150,500 EUR. This could make it a great investment opportunity for someone looking to acquire a property at a lower cost. Additionally, with no notary fees or agent commission, the overall cost of the property could be even more attractive. It is important for interested buyers to consider the condition of the buildings and the potential costs of any necessary renovations before making a decision.