House for sale in Neckarbischofsheim, Germany

Property description: Two-story residential and commercial building with 2 apartments and a commercial unit. The building is partially basemented and has a partially converted attic with a total of 141 square meters of living space and 255 square meters of usable space. In addition, there is an annex with an apartment, which extends over two floors and has a living space of 207 square meters. The property also includes a two-story wooden barn with an attached double garage and a usable area of 158 square meters, as well as a garden house with 73 square meters of usable space. The building was built in 1946, with the annex added in 1966. The layout of the main house includes a workshop and a storage room on the ground floor, three rooms, a kitchen, a bathroom/toilet, and a balcony on the upper floor. The attic has two more rooms, a kitchen, and a bathroom/toilet. The annex on the ground floor has an oil storage room, a workshop, two office rooms, and a toilet. The upper floor of the annex has four rooms, a kitchen, a bathroom/toilet, and a roof terrace. The attic of the annex has four rooms and a balcony. The main building is heated and supplied with hot water by an oil central heating system, while the annex has a gas central heating system. There are maintenance issues and renovation needs that need to be addressed. Price thoughts: The property is currently listed at a selling price of 595,000€. Given the size and potential of the property, along with the additional buildings and land included, the price seems reasonable. However, there is an opportunity to potentially purchase the property at a discounted price through a judicial auction, with a possible 30% discount on the market value, bringing the price down to 416,500€. This discount, along with the savings on notary fees and agency commissions, makes the property an attractive investment opportunity for buyers looking to acquire a unique property with renovation potential.