House for sale in Remscheid, Germany

Property Description A four-story multi-family house, attached on both sides, built around the turn of the century, consisting of 5 apartments, a retail space, and a basement with a usable area of 40 square meters. The total living and usable area of the building is 308 square meters. Four apartments are currently rented out. Heating is provided by a gas floor heating system. Thoughts on Price The property is being auctioned off at the local district court with a listed market value of 266,000.00 EUR. However, there is an opportunity to potentially secure a 30% discount on the market value, reducing the purchase price to just 186,200.00 EUR. Additionally, there are no notary fees or agent commission involved in the transaction. This property presents a great investment opportunity for those looking to acquire a multi-family property at a discounted rate. For more information, please contact the phone number listed above.