House for sale in Julich, Germany

Property description: The two-story multi-family house with 5 apartments and a partial basement has an attic space of a total of 311 square meters as well as an annex. The former courtyard building, which is 1 to 2 stories high and not basement is 87.2 square meters. In addition, there are two garages (31.2 sqm) and a shed (277.8 sqm). The property was built in 1907, the courtyard building dates back to the 1930s, the shed from the 1950s, and the garage was built in 1989. Modernization measures were carried out in 1991/92. The layout of the building is as follows: on the ground floor, there is a hallway, 4 rooms, a separate toilet, a storage room, a bathroom/toilet, a kitchen, and a terrace, totaling 99.1 square meters. On the left upper floor, there is a hallway, bathroom/toilet, storage room, kitchen, and 3 rooms on 76.3 square meters. On the right upper floor, there is a hallway, 2 rooms, kitchen, bathroom/toilet on 38.9 square meters. In the left attic, there is a hallway, 2 rooms, bathroom/toilet, and kitchen on 61.3 square meters. In the right attic, there is a hallway, 3 rooms, kitchen, bathroom/toilet on 35.7 square meters. Heating and hot water supply are provided by gas central heating, with some apartments being unavailable for interior inspection. Price thoughts: The asking price for this property is €475,000, which reflects the value of the building, the land it sits on, and the potential rental income from the apartments. Considering the size of the property and the number of units it contains, this price could be seen as reasonable. However, it is worth noting that there is potential for a 30% discount on the property's market value, bringing the price down to €332,500. This could present a great opportunity for investors or individuals looking to purchase a property at a discounted rate. It is advisable to further inquire about the property and its condition before making a decision.