Property description:
This semi-detached house was built around 1968 and consists of 2 floors with an additional converted attic space. The total living space measures approximately 274m² and includes a garage. Some modernization work is required. Please note that access to the property is currently only possible through a neighboring plot (not included in the auction), however, an alternate access route can be arranged. There are registered rights in the land register amounting to €20,042.64 which will need to be assumed by the buyer.

Thoughts on price:
The asking price of 369,000€ may seem high considering the need for modernization and the additional costs associated with the registered rights in the land register. However, the potential of the property, its location in a desirable area of Gelsenkirchen, and the spacious living area could make this a worthwhile investment for the right buyer who is willing to put in the time and effort to update the property.

Objektbeschreibung                          Doppelhaushälfte, Baujahr: ca. 1968, 2 Etage(n), Dachgeschoß ausgebaut, Wohnfläche: 274m², Garage vorhanden, Modernisierungsstau, Zugang nur über ein fremdes Grundstück (nicht Gegenstand dieser Versteigerung) möglich, ein anderer Weg kann jedoch angelegt werden, eingetragene Rechte im Grundbuch in Höhe von 20.042,64 € bleiben bestehen und sind von einem Ersteher zu übernehmen

House for sale in Gelsenkirchen, Germany

Property Description: 

This residential and commercial building in Gelsenkirchen consists of 23 apartments and one commercial unit. The 7-story building has a basement and a flat roof. The living spaces of the 23 apartments range from 48 to 112 m², with a total living area of 1,730 m². The total usable area is 606 m². Additionally, the building features balconies, terraces, and 13 underground parking spaces. It was built in 1975 and is heated by a district heating central heating system, with hot water provided by an electric instantaneous water heater. At the time of valuation, most of the apartments were rented, and not all units could be viewed. Access to the underground garage and delivery to the ground floor commercial unit is through another property, which means this usage is not contractually guaranteed. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out. The land register shows a registered right of occupancy for the apartments and a mortgage of 750,000€ plus 15% annual interest at the time of the proceedings on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions. 

Price Thoughts:
The asking price for this property is 1,690,000€, however, there is a possibility of securing a 30% discount on the appraised value, making the final price only 1,183,000€. This discount also includes the waiver of notary fees and agent commission. This property offers a unique opportunity for potential buyers to acquire a sizeable building with both residential and commercial units at a discounted price. 

This property is one of many interesting listings featured in our monthly real estate auction catalog. Contact us for more information on how to purchase your desired property at a discounted rate.

Objektbeschreibung                          Es handelt sich um ein Wohn- und Geschäftshaus mit 23 Wohnungen und einer Gewerbeeinheit. Das Gebäude ist 7-stöckig, unterkellert und verfügt über ein Flachdach. Die Wohnflächen der 23 Wohnungen variieren zwischen 48 und 112 m², insgesamt beträgt die Wohnfläche 1.730 m². Die Nutzfläche beträgt insgesamt 606 m². Zudem verfügt das Gebäude über Balkone, Terrassen und 13 Tiefgaragenstellplätze. Es wurde im Jahr 1975 erbaut.Die Beheizung erfolgt über eine Fernwärme-Zentralheizung, und für Warmwasser sorgt ein Elektro-Durchlauferhitzer. Zum Zeitpunkt der Wertermittlung waren die meisten Wohnungen vermietet, und nicht alle Einheiten konnten besichtigt werden. Die Zufahrt zur Tiefgarage und die Anlieferung zur Gewerbeeinheit im Erdgeschoss erfolgen über ein anderes Grundstück, was bedeutet, dass diese Nutzung nicht vertraglich gesichert ist. Es wurden verschiedene Wertminderungen vorgenommen, darunter auch aufgrund eines Brandschadens in der Gewerbeeinheit. Es gibt Hinweise darauf, dass bisher keine Renovierungsarbeiten durchgeführt wurden. Im Grundbuch sind ein eingetragenes Wohnungsbesetzungsrecht sowie eine Grundschuld in Höhe von 750.000 € zuzüglich 15 % Jahreszinsen zum Zeitpunkt des Verfahrens am 19.09.2024 vermerkt, die ein potenzieller Käufer übernehmen müsste gemäß den gesetzlichen Versteigerungsbedingungen.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 1.690.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 1.183.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property Description:
Multiple family house, built around 1909, consisting of 7 units spread over 3 floors with an additional converted attic space. The total living area is 349m², with a full basement and 3 garages on the premises. There are known building defects and damages present. At the time of valuation, one unit was vacant while the rest were rented out.

Thoughts on Price:
Considering the age of the property and the existing building issues, the asking price of 300.000€ seems reasonable. However, potential buyers should factor in the cost of renovations and repairs that may be required to bring the property up to standard. It is important to conduct a thorough inspection and assessment before making a purchasing decision.

Objektbeschreibung                          Mehrfamilienhaus, Baujahr: ca. 1909, 7 Einheiten, 3  Etage(n), Dachgeschoß ausgebaut, Wohnfläche: 349m², Keller/vollunterkellert, 3 Garagen, Baumängel und Bauschäden, zum Zeitpunkt der Wertermittlung war eine Wohnung leerstehend und Rest vermietet

Property description:
Residential and commercial building with 23 apartments and a commercial unit, 7 floors, basement, flat roof, living area: 48-112 m², total of 1,730 m² of living space and 606 m² of usable space, including balconies, terraces, and 13 underground parking spaces, built in 1975. Heating is done through a district heating central heating system, hot water is provided by electric instantaneous water heaters. At the time of the valuation, most of the apartments were rented out, so not all units could be inspected. The access to the underground garage and the commercial unit on the ground floor is through a neighboring property, which means that the access and delivery are not contractually secured. Significant depreciation has been taken into account. The commercial unit has suffered fire damage, renovation work has not been carried out so far. A right of occupancy for an apartment as well as a mortgage in the amount of 750,000 € plus 15% annual interest from the auction date remain in accordance with the applicable auction conditions and must be taken over by the purchaser.

Thoughts on price:
The property is listed for sale at a purchase price of 1,690,000€, but there is potential to secure a 30% discount on the market value, bringing the cost down to 1,183,000€. Considering the condition of the property, including the necessary renovation work and existing encumbrances, the discounted price may offer an attractive investment opportunity for the right buyer willing to take on the associated risks and challenges.

Objektbeschreibung                          Wohn- und Geschäftshaus mit 23 Wohnungen und Gewerbeeinheit, 7 Etagen, Keller, Flachdach, Wohnfläche: 48-112 m², insgesamt 1.730 m² Wohnfläche und 606 m² Nutzfläche, inklusive Balkonen, Terrassen und 13 Tiefgaragenstellplätzen, Baujahr 1975.Heizung erfolgt über eine Fernwärme-Zentralheizung, Warmwasser wird durch Elektro-Durchlauferhitzer bereitgestellt. Zum Zeitpunkt der Wertermittlung waren die meisten Wohnungen vermietet, daher konnten nicht alle Einheiten besichtigt werden. Die Zufahrt zur Tiefgarage und zur Gewerbeeinheit im Erdgeschoss erfolgt über ein fremdes Grundstück, was bedeutet, dass die Zufahrt und Anlieferung nicht vertraglich abgesichert sind. Es wurden beträchtliche Wertminderungen berücksichtigt. Die Gewerbeeinheit hat Brandschäden erlitten, Renovierungsarbeiten wurden bisher nicht durchgeführt. Ein Wohnungsbesetzungsrecht sowie eine Grundschuld in Höhe von 750.000 € zuzüglich 15 % Jahreszinsen ab Versteigerungsdatum bleiben gemäß den geltenden Versteigerungsbedingungen bestehen und müssen vom Ersteher übernommen werden.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 1.690.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 1.183.000,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property Description
This property is a residential and commercial building with 23 apartments and one commercial unit. The building is 7 stories high, has a basement, and a flat roof. The living spaces of the 23 apartments range from 48 to 112 square meters, with a total living area of 1,730 square meters. The total usable area is 606 square meters. Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. Heating is provided by a district heating central heating system, and hot water is provided by an electric instantaneous water heater. At the time of valuation, most of the apartments were rented out, and not all units could be inspected. Access to the underground garage and delivery to the commercial unit on the ground floor is through another property, which means that this use is not contractually guaranteed. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out so far. The land register contains a registered occupancy right for the apartments and a mortgage of €750,000 plus 15% annual interest at the time of the procedure on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions. 

Thoughts on Price
The listing price for this property is €1,690,000, but there is potential for a 30% discount on the market value, bringing the price down to €1,183,000. This could present an excellent opportunity for interested buyers to acquire this property at a discounted rate. Additionally, with the waiver of notary fees and brokerage commission, the overall cost of purchasing this property could be significantly reduced. It's worth considering that there may be additional costs associated with addressing the existing impairments and potential renovations needed on the property. Overall, this property presents a unique investment opportunity for those willing to make the necessary improvements and take on the associated obligations.

Property Description:
This property is a residential and commercial building with 23 apartments and one commercial unit. The building is 7 stories high, basement included, and has a flat roof. The living spaces of the 23 apartments range from 48 to 112 m², with a total living area of 1,730 m². The total usable area is 606 m². Additionally, the building has balconies, terraces, and 13 underground parking spaces. It was built in 1975. The heating is provided by a district heating central heating system, and hot water is supplied by an electric instantaneous water heater. At the time of the valuation, most of the apartments were rented out, and not all units could be viewed. Access to the underground garage and the delivery to the commercial unit on the ground floor is through a different property, which means that this use is not contractually secured. Various impairments have been made, including due to fire damage in the commercial unit. There are indications that no renovation work has been carried out so far. The land register shows a registered right of occupancy and a land charge of €750,000 plus 15% annual interest at the time of the proceedings on 19.09.2024, which a potential buyer would have to take over in accordance with the legal auction conditions.

Price Thoughts:
The property is currently listed at a price of 1.690.000€. However, there is a possibility to secure a 30% discount on the market value, bringing the cost down to 1.183.000€. This could make the property a more attractive investment opportunity for potential buyers. Additionally, the property is being auctioned by the relevant district court, which may present an opportunity for a good deal. It's important to consider the potential renovation and legal obligations associated with the property before making a purchase decision.

House for sale in Gelsenkirchen, Germany

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