Other for sale in Herne, Germany

Property Description This property consists of a building complex including a multi-family house with three apartments, consisting of two 4-room apartments and one 2-room apartment. It is two stories high, fully basemented, and has a partially converted attic with a total of 353 square meters of living space. In addition, there is a rear annex with two garages, which is also two stories high and not basemented. Furthermore, the complex includes another multi-family house with six 2-room apartments, which was formerly a barn. This building is two stories high, partially basemented, and the attic is converted. It offers a total of 400 square meters of living space. Additionally, there is a former stable building, which includes six garages and three stables. The entire complex dates back to 1896, with the conversion of the barn for residential purposes taking place in 1934/35, the garages being added in 1954, and an extension in 1995. The heating is provided by gas floor heating, gas boilers, and individual stoves, while hot water is supplied by a gas boiler and an electric instant water heater. The room layout is outdated, with so-called trapped rooms and passageways. Both residential buildings require renovation and completion. Price Thoughts The listed price for this property is 1.210.000€. However, there is potential to secure a 30% discount on the market value, bringing the price down to 847.000€. This presents a significant opportunity for potential buyers to acquire this property at a reduced cost. Additionally, there are no notary fees or agent commissions involved in the purchase. Considering the size of the property and the potential for renovation and modernization, this discounted price offers great value for investors looking to capitalize on this opportunity. Please feel free to contact us for more information or to schedule a viewing of the property.