House for sale in Iserlohn, Germany

Description: This property is a two-family house with two separate living units, one-story, fully basemented, with a converted attic, totaling 103/81 m² of living space, including an extension and two garages. The main building was built in 1954, with the extension and garages added in 1970. The layout is as follows: Unit 1: Basement: dining room, guest WC, office (22,22 m²), garage; Ground floor: hallway, kitchen, living room (37,93 m²), terrace (7,50 m²); Upper floor/ attic: hallway, bathroom, bedroom (33,84 m²), balcony (1,34 m²) // Unit 2: Ground floor: hallway, kitchen, dining room, bathroom, living room (42,16 m²), terrace (3,34 m²); Attic: hallway, guest room, bedroom, shower/WC, living room (35,23 m²). The property is heated and supplied with hot water through gas heating systems. There are maintenance needs, construction defects and damages, as well as an infestation of dry rot. Contact us for further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the phone number 0221-97459790. This property is being auctioned at the competent district court. Market value: 174,000.00 EUR. Secure a potential 30% discount on the market value and pay only 121,800.00 EUR for the above-mentioned property. Notary fees and agency fees are also waived. This is one of many interesting properties that we publish in our affordable REAL ESTATE AUCTION CATALOG on a monthly basis. Get this information now to acquire your desired property at a reasonable price. Price thoughts: The property is priced at 174,000 EUR but offers a potential discount of 30% on the market value, bringing the price down to 121,800 EUR. Considering the size of the property, the two separate living units, and the added value of the garages and amenities, this could be a great investment opportunity for someone looking to renovate and refurbish the property. However, it is important to note the existing maintenance needs, construction defects, and dry rot infestation, which may require additional investment in repairs and renovations. With some effort and investment, this property has the potential to become a profitable venture for the right buyer.