House for sale in Frankenstein, Germany

Property Description: Multi-family house with three residential units, spread over two floors with a partial basement and converted attic. The total living space is 378.64 m². Additionally, there is an open shed on the property. The building dates back to 1920 and comes with a forested plot. The layout of the rooms is as follows: On the ground floor, there is an entrance hall, a bathroom/ WC, three storage rooms, three and a half rooms, and a kitchen totaling 108.69 m². On the upper floor, there is an entrance hall, a guest WC, four rooms, a kitchen, two bathrooms totaling 135.96 m². In the converted attic, there is an entrance hall, a storage room, three rooms, a kitchen, a bathroom/ WC, and a balcony totaling 133.99 m². The property is heated and the hot water is supplied by a gas central heating system. The building is in a neglected condition with significant water damage and defective entrance doors. Please contact us for further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays from 10:00 - 18:00 at the phone number 0221-97459790. This property will be auctioned at the competent local court. Market value: 118,273.00 EUR. Secure up to 30% discount on the market value and pay only 82,791.10 EUR for the above-mentioned property. Notary costs and agency fees are also waived. This is one of many interesting properties that we publish in our affordable REAL ESTATE AUCTION CATALOG on a monthly basis. Obtain this information now to acquire your desired property at a competitive price. Catalog information: Phone number 0221-97459790. Thoughts on price: The property's listed price of 118,273.00 EUR seems fair considering the size and condition of the building. With a potential discount of up to 30%, the final price of 82,791.10 EUR presents a great opportunity for investors or buyers looking for a project to renovate and improve. However, it is important to consider the additional costs that may arise due to the neglected state of the property and the need for repairs.