House for sale in Burscheid, Germany

Property Description: A) A building complex that includes both residential and commercial spaces, consisting of seven apartments and a beverage store. The building is one to two stories high, has a basement with a usable area of 367 m², and a flat roof. The apartment sizes range from 76 to 208 m², with a total living area of 808 m² and a usable area of 404 m². It was built in 1937 and expanded in 1960. A comprehensive renovation of the apartments with upscale finishes was carried out from 2012 to 2016. B) This residential building consists of four units and is two stories high with a basement. It features a winter garden and two garages. The building was constructed in 1890 and partially renovated between 1965 and 1997. A) The apartments are rented out and partially accessible without barriers. The beverage store is leased. Heating is provided by a gas central heating system from Viessmann, type Vitocrossal CM3. The units do not have separate electricity meters, but are supplied with electricity through a transformer in the building. Electricity costs are billed along with the rent. For a 146 m² apartment with a garden, a special agreement regarding rent costs was made due to self-contributed work, excluding rent increases until 2042. The plot is listed in the contaminated site register as the former location of a gas station, which may lead to complications during ground work for independent development. B) Heating was previously provided by a Gas central heating system from Buderus, type G215 (no longer in operation). The residential building is in need of significant renovation since it has been uninhabited for years since 2018. There is an infestation of dry rot in the roof structure and the top floor ceiling. The electricity supply is connected to property A), but is not privately or legally secured. Please contact us for further inquiries by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 – 18:00 at the phone number mentioned in this listing. This property is being auctioned at the local district court. Appraised value: 1,700,000.00 EUR. Potentially secure up to 30% discount on the appraised value and pay only 1,190,000.00 EUR for the above-mentioned property. Notary fees and agency commission are also waived. This is just one of the many interesting properties we showcase in our affordable monthly REAL ESTATE AUCTION CATALOG. Secure these details now to acquire your desired property at a reasonable price. Catalog information: Phone number provided in the listing.