House for sale in Monchengladbach, Germany

Property Description A two-storey, historical terraced house with a basement and converted attic. The gross floor area is 215 m² and it features a balcony, an exterior cellar staircase, and a garage. The house was built in 1909 and renovated in 1969. The layout consists of three cellar rooms in the basement, a hallway, a kitchen, a room, and two toilets in the stable building at the back on the ground floor, a kitchen and two rooms on the upper floor, as well as an attic and two rooms on the top floor. Originally, there were two apartments in the house. The interior of the house was not able to be viewed. There is no historic preservation. Price Thoughts: The property is listed at a price of 146,000 euros, which may seem high at first glance. However, it is important to note that there is a possibility to secure a 30% discount on the listed price through a judicial auction, bringing the price down to 102,200 euros. Additionally, the property is free from notary fees and agency commission, making it a potentially attractive investment opportunity. Considering the historical nature of the house and its unique features, the price may be justified for the right buyer looking to renovate and restore a piece of history in Mönchengladbach.