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House for sale in Karlsruhe, Germany

529 000€

76187 Karlsruhe

Property description

Property Description: This property is a leasehold plot burdened with the leasehold for a multi-family house with three apartments. Built in 1958/59, this two-storey house with a basement and converted attic offers a total of 228.3 m² of living space and a double garage. The property has undergone various modernizations and expansions since 1980. Each apartment is currently rented out and features a gas central heating system and towel radiators in the bathrooms. The overall condition of the building is a mix of its original construction year and partial modernizations, maintained to a good standard. Thoughts on Price: With a listed price of 529,000€, this property offers a unique investment opportunity for buyers. However, it is worth noting that there is potential to secure a 30% discount on the property's market value, bringing the purchase price down to 370,300€. This significant discount, along with the exclusion of notary fees and agent commission, makes this property an attractive option for those looking to acquire real estate at a reduced cost. Overall, this property represents a solid investment with the potential for long-term rental income and appreciation in value.

Location

76187 Karlsruhe

Date added: 24.07.2024

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