House for sale in Oederan, Germany

Property description: A detached multi-family house with three non-separated apartments, two floors, a basement, and an converted attic. The living space varies between 125 m² and 152 m², totaling 409 m². Additionally, there is 123 m² of usable space and a garage building. The year of construction is unknown but estimated to be around 1900, with a renovation in 1990 for the windows on the upper floor facing the street. The building has been vacant for many years and has ceiling heights of approximately 3.45 m on the ground and upper floors, and 3.14 m in the attic. The basement has an estimated ceiling height of around 3.0 m. There are significant structural damages to the roof components due to moisture entry, leading to a risk of collapse and damage to the floor slabs. The garage building is in a condition that requires demolition. It is necessary to install a fully biological treatment plant or a sealed pit. The property is ideal for nature lovers due to its location. This property is being auctioned by the local district court. Appraised value: €22,000. Potentially secure a 30% discount on the appraised value and pay only €15,400 for the above-mentioned property. Notary fees and real estate agent commission are also waived. Thoughts on price: Considering the significant structural damages and renovation required, the price of €22,000 seems justified. With a potential 30% discount, the property could be a great investment opportunity for those willing to put in the effort to restore it to its former glory. If you're looking for a project with potential, this property could be worth considering.