House for sale in Ladenburg, Germany

Property Description: We are offering a 10/12 share in a detached multi-family house with two floors, a basement, and an attic with a total living area of 270 m², as well as a garage building. The property was built around or before 1959. It is important to note that only the ideal share is available for sale through auction, and the ideal owner cannot solely decide on the use of the entire property, as it depends on the other co-owners. The heating is provided by individual stoves with solid fuels (one wood stove per apartment), while hot water is supplied by electric instantaneous water heaters. The building is in average condition with normal signs of wear and tear and some minor maintenance backlog. The ground floor, the two apartments in the attic, and the exterior of the roof have been inspected. The zoning plan allows for a maximum of two residential units per building. Please contact us for further questions by phone, Monday - Friday from 8:00 am - 8:00 pm, Saturdays/Sundays from 10:00 am - 6:00 pm at the phone number 0221-97459790. This property is being auctioned at the local court. Market Value: 562,500.00 EUR. Secure up to a 30% discount on the market value, and pay only 393,750.00 EUR for the above-mentioned property. Notary fees and brokerage commission are also waived. This is one of many interesting properties that we publish in our current, monthly edition of our cost-effective REAL ESTATE AUCTION CATALOG. Get this information now to acquire your desired property at an affordable price. Catalog information: Phone number 0221-97459790. Thoughts on Price: The property offers a unique opportunity to own a share in a multi-family house with potential for rental income. The discounted price of 393,750.00 EUR presents a great investment opportunity for buyers looking to acquire property at a reduced cost. With some maintenance and updates, this property has the potential to generate returns in the long term.