House for sale in Bochum, Germany

Property description: A two-story apartment building with seven units and an attic that is fully basement. The total living area is 365 square meters, with units ranging from 28 to 69 square meters. Additionally, the property includes two balconies and five prefabricated garages. The building was constructed in 1960. The apartments are heated and supplied with hot water by gas floor heaters. The units are mostly equipped with simple and older furnishings. However, there are maintenance arrears that need to be addressed on the building and its exterior. Price thoughts: The property is being auctioned at a market value of 360,000.00 EUR. There is a possibility to secure a 30% discount on the market value, resulting in a purchase price of only 252,000.00 EUR. This offer also includes savings on notary fees and agent commission. This property presents a unique opportunity for potential buyers to acquire a sizable investment at a discounted price.