House for sale in Detmold, Germany

Property Description This detached multi-family house in Detmold offers three separate units across two floors, including a basement and a converted attic space. The units range in size from 53 to 83 m², totaling 219.39 m² of living space. The property also features a balcony, terrace, and parking space for convenience. Built in 1958 with the attic conversion completed in 1996, this home has potential for a variety of uses. Upon inspection, visible cracks in the facade and damage to the foundation were noted. Additionally, there are some issues with the windows that may require attention. Despite these cosmetic concerns, the property presents a unique opportunity for customization and renovation to meet your needs and preferences. The property is being offered for auction through the local district court with a listing price of 230,000.00 EUR. Buyers may qualify for a discount of up to 30% off the appraised value, bringing the potential purchase price down to 161,000.00 EUR. Notary fees and agent commissions are waived for added savings. Don't miss out on the chance to acquire this property at a reduced cost and explore other exciting opportunities in our comprehensive monthly catalog of auction properties. Contact us for more information and take the first step towards securing your dream home at a budget-friendly price. Thoughts on Price: Given the size of the property and the potential for renovation, the listed price of 230,000.00 EUR offers a solid foundation for investment. With the possibility of a significant discount available, buyers have the opportunity to acquire this property at a favorable price point with the potential for added value through improvements. A thorough inspection and assessment of renovation costs will be key to determining the overall value proposition of this property.