House for sale in Muhlhausen, Germany

Property description: A two-story multi-family house with 3 residential units, basement, and converted attic. The total living space is 346 square meters and includes a front and back house with outbuildings. The building was constructed before 1870. Heating is provided by two gas boilers and a central heating system. The property is in need of renovation, modernization, and there is an existing encroachment. Thoughts on price: The property is being offered at a price of 110,800 EUR, which reflects the current market value. However, there is potential for a discount of up to 30% on the market value, bringing the purchase price down to 77,560 EUR. Additionally, there are no notary fees or agent commission to be paid, making this a potentially cost-effective investment opportunity. Buying a property at a discounted price can provide the buyer with added value and potential for future returns on investment.