House for sale in Heidelberg, Germany

Property description: 3-sided residential and commercial building with 5 apartments and a commercial unit. The building is 2-storey, basement, and has a 2-level converted attic. The total living and usable area is 310 square meters and 172 square meters. It was built in the first half of the 18th century, with the rear building dating from 1800-1825 and the extension added between 1842 and 1869 (fictional year of construction 1984). The layout consists of the following areas: In the basement there is a hallway, a vaulted cellar with a bar, a kitchen, a separate toilet, a shower room, the district heating transfer station on 38 square meters. The ground floor includes a hallway, a waiting area/reception, an office, a storage room, 2 toilets, a laboratory room, a tea kitchen, and 2 treatment rooms on 134 square meters. The first floor (North) consists of a hallway, a separate toilet, 4 rooms, a kitchen and a bathroom/toilet on 95 square meters. The first floor (South) has a hallway, 2 rooms, a kitchen with dining area, and a bathroom/toilet on 57 square meters. The heating is provided by district heating and underfloor heating in the basement, and partially by towel radiators in the bathrooms. There is also a wood-burning stove in the basement. Hot water is centrally provided through a hot water storage tank in the basement, with an additional boiler in the bathroom/basement. An elevator for three people is available, as well as air conditioning in the attic apartment. The construction condition is mostly good, but there is some deferred maintenance. The residential building is listed as an individual object under § 2 of the Monument Protection Act and the statute for the protection of the Alt Heidelberg area as a total complex according to § 19 of the Monument Protection Act. It is listed in the contaminated sites register as an old site. Thoughts on price: The listing price of 2.310.000€ is reflective of the size, historical significance, and unique features of this property. Considering the potential for obtaining a 30% discount on the market value through auction, the final price of 1.617.000€ could present a great opportunity for a savvy investor or buyer looking for a property with character and potential for restoration. Keep in mind that notary fees and agency commissions are waived, further adding value to the purchase. This property offers a blend of history and modern amenities, making it a truly unique investment opportunity.