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74343 Sachsenheim
Property Description: Two attached residential buildings - a multi-family house with 4 apartments, 2 floors, cellar and converted attic, with a living space of 359 m². Next to it, there is a single-family house with 2 floors, partially basement, converted attic, and a living space of 114 m². The multi-family house was built in 1935 (originally as a two-family house), renovated in 1995. The conversion of the single-family house into the former barn took place from 2000 to 2013. Further renovations took place from 2017 to 2019. There is also an undeveloped plot of land, mostly used as a parking lot. The apartment in the left area of the ground/basement floor of the multi-family house is still in shell construction. Heating and hot water supply for both houses are provided by a gas boiler. There is a need for renovation, as well as building defects and damages that need to be repaired. Thoughts on Price: The listed price for this property is the market value of 694,000 EUR. However, there is a possibility to secure a 30% discount on the market value, making the purchase price only 485,800 EUR. In addition, notary fees and brokerage commissions are waived. This property has the potential for a good investment opportunity, considering the size of the buildings and the potential for renovation and improvement. With some work and renovations, this property could be a valuable addition to a real estate portfolio.
74343 Sachsenheim