Building for sale in Sondershausen, Germany

Property Description: Two-story multipurpose building without a basement, used as a residential space and storage rooms. It has a living area of 170 sqm and a total area of 350 sqm, as well as a rooftop terrace. The building was constructed around 1900, with the rooftop terrace added in 2000 and a modernization carried out in the same year. The layout includes on the ground floor an entrance hall, a hallway, a stable, and two storage rooms. The upper floor features a hallway, a bathroom/ WC, a kitchen/living room, and a living room with a balcony. The attic has two simply converted rooms. Warm water is provided by an electric water heater; the building has significant structural deficiencies and is in urgent need of renovation. It has been vacant for 4 years. Thoughts on Price: The property is currently valued at 21,800 EUR, but there is potential to secure a discount of up to 30% on the market value, reducing the price to only 15,260 EUR. Additionally, notary fees and agency commissions are waived. Despite the need for renovation, this property presents a unique opportunity for investment and customization. The price reflects the value of the property and its potential for future development.