House for sale in Mosbach, Germany

Property Description: This multi-family house consists of a total of 13 apartments, including 3 one-bedroom apartments, 2 two-bedroom apartments, 5 three-bedroom apartments, and 3 four-bedroom apartments. It is three stories high, has a basement, and an attic. The total living space is 801.96 square meters. Additionally, the property includes 6 garages and various parking spaces for cars. The building was constructed in 1972. Heating and water supply are provided by an oil central heating system. A complete interior inspection was not possible. The appearance of the residential building reflects its age, but it shows signs of neglect and the need for modernization. Price Thoughts: The property is listed for sale at a price of 1,132,000 euros. It is worth noting that the property is being auctioned by the local district court with a market value of 1,132,000. However, there is potential to secure a 30% discount on the market value, bringing the price down to 792,400 euros. Additionally, there are no notary fees or agency commissions involved in the purchase. This property offers a good investment opportunity for buyers looking to acquire a sizable residential building with the potential for renovation and modernization.