House for sale in Hochstadt/Aisch, Germany

Property Description: The two-story residential building, which was formerly used as a school, is partially basemented and has a living area of 190 sqm. It was built around the year 1860 together with the garage building and is listed as a historical monument. A fireplace was installed around the year 1952. The residential building is in need of significant renovation, while the garage building is in such poor condition that demolition is necessary. The property appears neglected and overgrown. Unfortunately, an interior viewing was not possible. Price Thoughts: At a listed price of 60,000 EUR, this property offers a unique opportunity for buyers looking to invest in a historical building with potential for restoration and modernization. With the possibility of a 30% discount on the appraised value, buyers could potentially acquire this property for only 42,000 EUR, without incurring notary fees or agent commissions. This property may require a considerable amount of investment for renovation and upkeep, but it presents a rare chance to own a piece of history in a charming location like 91315 Höchstadt/Aisch.