House for sale in Wermelskirchen, Germany

From a buyer's perspective, this property is situated in 42929 Wermelskirchen with a price tag of 800.000€. The description highlights a mixed-use building consisting of 2 residential units and a shop, with a total living area of 351 m² and a usable area of 207 m². Additionally, there are 2 garages, and the property features a flat roof extension and a two-story multiple-family house with 3 residential units. The property is partially underground and offers a finished attic with a total of 351 m² of living space and 207 m² of usable space, along with 2 garages. Some units are rented out, and a full interior inspection was only partially possible. Given the asking price, the main attractions seem to be the mixed-use format, providing opportunities for both residential and commercial purposes, as well as the relatively low price, with a potential discount of 30% on the market value, bringing the effective price to 560,000€. In terms of real estate investment, this property could provide a potentially lucrative opportunity, given its mixed-use functionality and the potential for commercial rents to offset any residential vacancies. However, there are some things to consider, such as the age of the building, with part of it dating over 100 years old, which might imply higher maintenance costs and potential structural issues. Additionally, the property's condition needs to be thoroughly inspected before making any commitment, and there are already tenants in place. As a lifestyle purchase, the property offers the advantages of combining residential space with commercial opportunities, which could be appealing for those looking for a unique combination of personal and business needs in a single property. However, the age of the building and potential maintenance concerns might be a drawback for some potential buyers.