House for sale in Hamburg, Germany

This property is a two-sided residential and commercial building with seven apartments and one commercial unit. The building is four stories high and has a living space of 499 m² and a usable space of 111 m². Built around 1950, the windows in the apartments were modernized in 1980. The property has a gas central heating system from Elco Klöckner installed in 2005 for heating. Hot water is provided either by electric storage devices or tankless water heaters. There is a substantial need for renovation and modernization. The property is located in the Eilbek conservation area according to the Social Preservation Ordinance. The property is being auctioned by the competent district court with a market value of 1,000,000.00 EUR. Potentially secure a 30% discount on the market value and pay only 700,000.00 EUR for the property. Notary fees and brokerage commission are also waived. This property is one of many interesting properties featured in our monthly low-cost REAL ESTATE AUCTION CATALOG. Contact us now at the provided telephone number to secure this information and acquire your desired property at a discounted price.