House for sale in Monchengladbach, Germany

Property description: This property is a semi-detached house with two residential units, two floors, basement, and a converted attic, including a garden and a corrugated iron garage at the rear of the property. The main house was built in 1910, while the garage was built in 1962. The offer also includes a part of the access road. The layout of the property includes: - Basement: laundry and drying room, two basement rooms - Ground floor: hallway, bathroom, kitchen, two rooms, terrace, total 57.91 sqm - Upper floor: hallway, WC, kitchen, two rooms, access to terrace; bathroom, two rooms The monthly rent for the upper apartment is €456.00 plus additional costs. Heating is provided by electric night storage heaters and individual electric heaters. Hot water is supplied by an electric water heater. Thoughts on price: The property is being auctioned by the competent district court with a market value of €190,000. Buyers may be able to secure a 30% discount on the market value, reducing the price to only €133,000. Notary fees and agency commissions are also waived. This property presents a unique opportunity for buyers looking to invest in a multi-unit property with potential rental income. Contact us for more information and to schedule a viewing.