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House for sale in Muhlhausen, Germany

108 000€

99974 Mühlhausen

Property description

From a buyer's perspective, this property is a 3-story, 3-unit multi-family home with a total living area of 254 m². Built in 1900, it has been updated and maintenained over the years, including a heating system update in 1996, a bathroom renovation in 1999, and a heat pump update between 2010 and 2015. One unit is already rented. The property needs some repairs, which are mentioned in the description. For a real estate investment, the property appears to have potential due to its location, size, and updated facilities. However, the need for repairs might deter some investors. The estimated market value is 108,000€, and you could potentially secure a 30% discount, bringing the price down to 75,600€. This includes notary costs and brokerage fees. As a lifestyle purchase, the property offers 3 units, which could be used for living or as rental income. However, consider the property's condition and future maintenance costs. The property is located in Mühlhausen, which may offer a range of amenities, but distance from larger cities and potential job opportunities might be a factor.

Location

99974 Mühlhausen

Date added: 24.07.2024

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