House for sale in Krefeld, Germany

Property Description: The building consists of a main house and a wing extension, which house two apartments and a commercial unit. The building is three stories and two stories tall and has a total living and usable area of 275 square meters. It was built in 1876. There is no central heating, so some rooms need to be heated with electricity or electrical appliances. Not all units were inspected and there is a significant need for renovation and refurbishment. Thoughts on Price: The property is being auctioned at the local district court with a market value of 115,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, reducing the price to 80,500.00 EUR. Additionally, notary fees and agency commission are waived. This could be a great opportunity for buyers looking to purchase a property at a reduced price and invest in renovations to make it their own.