House for sale in Hagen, Germany

Property description: This property is a four-family house with four two-room apartments and one one-room apartment. The house is four stories high, with a basement and a total of 237.17 m² of living space. The apartments range in size from 30-52 m² and the building was constructed in 1914, rebuilt in 1948. A viewing of the interior was not possible, but it appears that extensive modernization, maintenance, and renovation are required. The garden at the back of the property is overgrown. The property is located on a former mining site that has since been abandoned, with no mining activities documented, so there should be no mining-related impacts. Price thoughts: The property is being auctioned by the local court with a market value of 78,000.00 EUR. There is a possibility to secure a 30% discount on the market value, making the purchase price only 54,600.00 EUR. Notary fees and agency commission are also waived. This property offers potential for investment and renovation, with the opportunity to acquire it at a discounted price. Contact us for further information and to take advantage of this opportunity.