House for sale in Lennestadt, Germany

This property is a free-standing multi-family house located in Lennestadt, offering six apartments spread over two floors, along with an expanded attic space. The total living area of this building is 338 square meters, with individual apartment sizes ranging between 49 to 60 square meters. The construction of the house is believed to date back to 1952, giving it a certain historical charm. The heating system is varied three apartments utilize gas wall-mounted units, two apartments are heated by solid fuel stoves, and one apartment is equipped with an electric heating system. Hot water is produced using electric heating devices. Please note that not all rooms could be viewed during the inspection, and further inquiries are encouraged for interested parties. This property is currently being auctioned at the responsible court, with a market value set at 196,000 EUR. It is advised to consider the potential for a discount of up to 30%, which would bring the price down to approximately 137,200 EUR. Notary fees and brokerage commissions are waived in this case. This opportunity may appeal to investors and individuals looking for a profitable income source through rental properties in the region.