house for sale in Issum, Germany

From a buyer's perspective, this property is a: * Multi-family building with 7 living units (2 apartments, 5 mini-apartments), providing both investment and lifestyle opportunities. * 220.42 m² of living space with several additional features such as balconies, terraces, parking spaces, and a garage. * Building history dating back to 1900, featuring a newly constructed annex in 1990 and a transformation into apartments in 2022/23. * Central heating and hot water provided by a gas-fired central heating system. * Situated in Issum, with current tenants and a rent-generating potential. * Offered at a starting bid of 346,000€ with the option of securing a 30% discount on the appraised value, reducing the final purchase price to 242,200€. As an investment, this property offers a mix of commercial and residential units that can be managed as a whole or individually, providing consistent income through rent. The central location and built-in amenities may attract potential tenants, making it a relatively low-risk investment. Currently, most units are rented, minimizing vacancy risks. From a lifestyle perspective, this property offers potential for private use, with room for multiple family members or self-use of each dwelling. The modernization of the annex and ample renovation potential can cater to personal preferences. The property's prime location within Issum may also offer convenient access to local amenities. Please consider contacting the listed phone number for more information, as the property is offered through a court-ordered auction. With additional information, you can secure your desired property at a competitive price.