House for sale in Dortmund, Germany

Description: A detached multi-family house with 5 apartments. The house is 2-storey, basement, and has a converted attic with a total of 479 m² of living space. It also offers 3 garages and a garden house. The building was constructed in 1967. The property also includes an undeveloped plot of land with an area of 685 m². The accessories include a kitchen of apartment 2 without a specified value, built-in wardrobes of apartment 1 worth 500 EUR, built-in wardrobes of apartment 2 worth 500 EUR, as well as a photovoltaic system with a residual value of 1,000 EUR. The heating is provided by an oil central heating system. Hot water is partially provided by the heating system and partially by electric instant water heaters or boilers. The multi-family house was built around the same time as the specified construction year class and has a corresponding construction and appearance. The four rented apartments are in a rentable condition, although they have been modernized to varying degrees. Another apartment was converted from the 5th apartment, for which no building permits are available. Please contact us for further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00, at the telephone number 0221-97459790. This property is being auctioned by the competent district court. Market value: 797,000.00 EUR. You may secure a potential 30% discount on the market value and pay only 557,900.00 EUR for the above-mentioned property. Notary fees and brokerage fees are also waived. This is one of many interesting properties that we publish in the current monthly issue of our cost-effective REAL ESTATE AUCTION CATALOG. Get this information now to acquire your desired property at a great price. Catalog information: Phone number 0221-97459790. As an experienced real estate agent, I would say that the price of 797,000 EUR for a multi-family house with 5 apartments, garages, and additional plot of land seems reasonable. The potential 30% discount on the market value could make this property a great investment opportunity for buyers looking for a multi-unit rental property. With some modernization and updates, this property could generate a good rental income.