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House for sale in Stuttgart, Germany

1 850 000€

70197 Stuttgart

Property description

Property Description This property is a building with five 4-room apartments spread across four floors and a basement. The converted attic provides additional living space, totaling 550 square meters of living area. Additionally, the building features four garages and a shed. Built in 1866, the garages and shed were added in 1952, and the attic conversion was completed in 1957. Heating is provided by a gas furnace, although there is a significant need for modernization and maintenance. The shed is in a dilapidated condition. Price Thoughts The property is priced at 1.850.000€Kaufpreis, which reflects its size and potential. However, considering the required modernization and maintenance needs, there is room for negotiation on the price. With a 30% discount on the market value, the property could be acquired for 1.295.000€Kaufpreis, excluding notary fees and agency commission. This property presents a unique opportunity for buyers looking to invest in a spacious building with renovation potential.

Location

70197 Stuttgart

Date added: 20.08.2024

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