House for sale in Solingen, Germany

Property Description Detached half-timbered residential and commercial building with a total of 6 residential units or individual rooms and a restaurant unit. The two-story building has a basement, an attic conversion, and offers living spaces ranging from 13 to 66 m², totaling 213 m² of living space and 143 m² of usable space. It also includes a beer garden, 3 parking spaces, and a transformer station. The exact year of construction is not known, but it is estimated to be around 1900. Some renovations were carried out in 2020/21. The property is heated by a gas central heating system, and hot water is provided by an on-demand water heater. The attic contains two individual rooms that share a bathroom on the intermediate floor. Thoughts on Price: The listed price of 129,000 EUR for this property represents a potentially great deal for investors or those looking for a unique business opportunity. With the possibility of securing a 30% discount on the appraised value, buyers could potentially purchase this property for only 90,300 EUR. Additionally, the absence of notary fees and agent commission adds to the appeal of this property. Despite the need for some modernization and upgrades, the diverse potential uses of this building, including residential and commercial purposes, make it a versatile investment at a competitive price point.