House for sale in Burscheid, Germany

Property Description: A) A building complex that includes both residential and commercial spaces, consisting of seven apartments and a beverage store. The building is one to two stories high, with a basement measuring 367 m² and a flat roof. The apartment sizes range from 76 to 208 m², totaling 808 m² of living space and 404 m² of usable space. It was built in 1937 and expanded in 1960. A comprehensive renovation of the apartments with high-end finishes was carried out from 2012 to 2016. B) This residential building consists of four units and is two stories high with a basement. It features a winter garden and two garages. The building was constructed in 1890 and partially renovated between 1965 and 1997. A) The apartments are rented out and partially accessible for people with disabilities. The beverage store is leased. Heating is provided by a Viessmann gas central heating system, model Vitocrossal CM3. The units do not have separate electricity meters, but are supplied with electricity through a transformer in the building. Electricity costs are billed along with the rent. A special arrangement regarding rent costs was made for a 146 m² apartment with a garden due to self-improvement works, excluding rent increases until 2042. The plot is listed in the contaminated sites register as a former gas station location, potentially leading to complications during ground works. B) Heating was previously provided by a Buderus gas central heating system, model G215 (no longer in operation). This residential building has been heavily in need of renovation since 2018 due to long-term vacancy. It has been infested with dry rot in the roof and top floor ceiling. Electricity supply is connected through property A), but is not privately or publicly secured. Please contact us for further inquiries by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at 0221-97459790. This property will be auctioned at the competent district court. Market value: 1,700,000.00 EUR. Secure a potential 30% discount on the market value and only pay 1,190,000.00 EUR for the above-mentioned property. Notary and agency fees are also waived. This is one of many interesting properties that we publish in our monthly, cost-effective REAL ESTATE AUCTION CATALOG. Get these details now to acquire your desired property at a low cost. Catalog information: Phone number 0221-97459790.