House for sale in Bonn, Germany

Property Description: Reihenendhaus with three residential units in a townhouse, spanning two floors and includes a basement, converted attic, totaling 233 square meters of living space and 84 square meters of usable space, including a garage. Built in 1911, the building is listed as a historic monument. Renovation work has been carried out between 2006 and 2013. The layout includes in the basement: hallway, three cellar rooms, laundry room (77.21 sqm); on the ground floor: hallway, three rooms, bathroom/ WC, kitchen, winter garden, veranda (86.44 sqm); on the upper floor: hallway, three rooms, kitchen, bathroom/WC, balcony (80.18 sqm); in the attic: hallway, two rooms, bathroom/WC, kitchen with storage room (67.09 sqm); as well as in the studio/ office in the attic: 7.33 sqm. The heating of the building is provided by a gas decentralized heating system (renewed in 2009). Originally designed and approved as a single-family house, the building is currently rented out as a three-family house. It is a typical stucco building with 3 axes, a two-story bay window, dormer gables, and a side entrance risalit. There is a need for renovation and modernization. Price Thoughts: The property is listed for sale at 1,067,000 euros but could potentially be acquired for 30% less, reducing the price to 746,900 euros. Additionally, notary fees and agency commissions are waived. With its historic charm and potential for multiple rental units, this property offers a unique investment opportunity in a desirable location in Bonn. Interested buyers should consider the long-term potential of this property and the savings that can be achieved through the auction process.