House for sale in Dortmund, Germany

Property description: A detached multi-family house with 5 apartments. The house is 2-storey, basement, and has an attic with a total of 479 sqm of living space. It also offers 3 garages and a garden house. The building was constructed in 1967. There is also an undeveloped plot of land on the property with an area of 685 sqm. The property includes a kitchen in apartment 2 without a specified value, built-in wardrobes in apartment 1 worth 500 EUR, built-in wardrobes in apartment 2 worth 500 EUR, and a photovoltaic system with a residual value of 1,000 EUR. Heating is provided by an oil central heating system. Hot water supply is partly through the heating system and partly through electric water heaters or boilers. The four rented apartments are in a rentable condition, although they have been modernized to varying degrees. An additional apartment was separated from the 5th apartment, and there are no building permits for this change of use. Price thoughts: The property is being auctioned for a value of 797,000.00 EUR. However, there is a possibility to secure a 30% discount on the appraised value and pay only 557,900.00 EUR for this property. Additionally, notary fees and agent commissions are waived. This property presents a unique investment opportunity for those looking to acquire a multi-unit residential property with potential for additional income.