House for sale in Barntrup, Germany

Property description: This property is a two-story multi-family house with 4 residential units, partially basement and partially converted attic. The living space ranges from 42 to 73 square meters, totaling 241 square meters. Additionally, there are three garages included. The exact year of construction is unknown, but there have been renovations, including the attic conversion between 1963 and 1972 and modernizations between 1985 and 2010, including window replacement. The house is heated with an oil central heating system. It has 2 entrances, with the ground floor apartment having a separate entrance. Three of the apartments in the building are vacant, heavily soiled, and could only be partially inspected. There is a registered encumbrance in the land charge register. Thoughts on price: The property is being auctioned by the competent district court with a market value of 175,000.00 EUR. There is a potential discount of up to 30% on the market value, allowing for the purchase of the property for only 122,500.00 EUR. Notary fees and agency commission are also waived. This property presents an opportunity to acquire a potentially valuable asset at a reduced price.