House for sale in Muhlhausen, Germany

Property description: This three-story multi-family house, constructed around 1900, features three apartments spread across a total living area of 254 square meters. The property also includes a simple storage shed with a roof. It has a basement and has undergone several modernization efforts over the years: the heating system was updated in 1996, the bathroom and roof were redone in 1999, insulation and the courtyard facade were upgraded between 2001 and 2002, heating boilers were replaced from 2010 to 2015, and in 2022, the apartment doors and some electrical installations were modernized. Currently, one of the apartments is rented out, although there is a backlog in maintenance. This property is being auctioned at the competent district court, with a market value of 108,000 EUR. There is an opportunity to secure a potential discount of 30% on the market value, allowing you to acquire the property for just 75,600 EUR. Additionally, costs for notary services and broker commissions are waived. This property represents one of many appealing real estate opportunities featured in our latest, budget-friendly auction catalog.