House for sale in Bernburg, Germany

Property Description: This property is a three-story residential and commercial building with a basement, spanning 353 square meters of living and usable space. It also features a two-story side building and a garage, both built in 1909. The building is part of a protected historic area, with the garage added in 1961. A modernization likely took place around 1991/92, including the replacement of the roof, some of the drainage system, facade paint, and windows. The property has a heating system that can be centrally controlled or operated by individual stoves running on natural gas, heating oil, or solid fuels. Unfortunately, interior viewing was not possible, but the exterior condition suggests fair to poor conditions overall. Thoughts on Price: The property is being auctioned by the local court at a market value of 92,000 EUR. However, buyers may secure a potential 30% discount on the market value, bringing the price down to only 64,400 EUR. Additionally, there are no notary fees or agency commissions involved in the purchase. This property offers a unique opportunity for buyers looking to acquire a historic building with potential to renovate and restore to its former glory.