House for sale in Martfeld, Germany

Property Description: This multifamily house consists of three apartments, including a two-story main house with a partial basement and an attic (157 sqm living space), an annex with one floor (137 sqm living space), as well as a garden house and a storage shed. The original farmhouse's construction year is unknown, with the main house being converted in 2002 and the annex expanded in 2007. The ground floor of the main house includes a hallway, three rooms, a kitchen, a bathroom/ WC, and a storage room on 89 sqm. The attic has a hallway, two rooms, a kitchen, and a bathroom/WC on 68 sqm. Information about the room layout of the annex is not available. The property is heated by a gas central heating system installed in 2021. The apartment in the annex could not be viewed internally and is still in an unfinished state. Thoughts on Price: The listed price for this property is 380,000 EUR, with a potential discount of up to 30% off the market value, bringing the price down to 266,000 EUR. This property is being auctioned at the local court. Additionally, there are no notary fees or agency commissions to be paid. This presents an opportunity for buyers looking to acquire a property at a reduced cost. The property may require some renovations, particularly the unfinished apartment in the annex, which should be factored into the overall investment. This property offers a unique opportunity for investors or individuals looking to own a multifamily house with potential for future appreciation.