Other for sale in Kemberg, Germany

Property Description: This property in Kemberg consists of two two-story residential houses, partially basemented/non-basemented, with a total living area of 240/160 sqm, as well as five commercial buildings and a covered outdoor seating area. The first house was built in 1870 and renovated in the 1990s, while the second house was built in 1897 and renovated around 2000. The commercial buildings mostly date back to before 1930 or the 1950s/60s, with some minor renovations taking place after 1990. The covered outdoor seating area was built around 1950 and refurbished around 2000. Heating is provided by electric night storage heaters, with hot water supplied through electric tankless water heaters or boilers. Interior viewings were not possible. Price Thoughts: The list price for this property is 732.623€, but it is being auctioned by the competent district court. With the possibility of securing a 30% discount on the appraised value, potential buyers have the opportunity to purchase this property for only 512.836,10€. Additionally, this deal includes the elimination of notary fees and agency commission, making it a potentially attractive investment opportunity. The property offers a unique combination of historic charm and potential for improvement, making it a great option for buyers looking for a project with potential for value appreciation. Interested buyers are encouraged to explore this property further through the available resources provided.