House for sale in Remscheid, Germany

This multiple family and commercial property consists of seven apartments and one office, spanning three floors plus a basement, with an attic conversion. The apartments range in size from 29 to 92 square meters, totaling 401 square meters of living space and 69 square meters of usable space. The property also features a terrace above a storage room in the rear area. Built in 1950, the building is heated by gas floor heaters, with hot water provided by the heating system and an electric instant water heater. The building receives ample sunlight and natural light. However, the condition of the building is neglected, with basement rooms, courtyard, and attic partially cluttered. Four out of seven heaters do not work fully or at all. The electrical and plumbing fixtures are outdated, and the outdoor areas are neglected. The property is being auctioned by the local district court with a market value of 301,000.00 EUR. You may be able to secure a 30% discount on the market value, making the purchase price for this property only 210,700.00 EUR. Additionally, notary fees and agency commissions are waived. This is just one of the many enticing properties featured in our affordable REAL ESTATE AUCTION CATALOG, available in the current monthly issue. Contact us now to obtain this valuable information and acquire your desired property at a discounted price. For more details or to schedule a viewing, please contact us via phone at 0221-97459790.