$194,321

This property in need of renovation - located in the center of Wernigerode in the upper Marktstraße - offers a property area of about 134 m² and a total living area of about 138 m². The house was completely renovated in 1985 and is divided into three residential units, which are currently rented.There is a group monument for the entire street.A small 1-room apartment on the first floor offers a living space of about 26 m² and was recently renovated. From the hallway you enter the staircase that leads to the other two apartments.One 2-room apartment on the 1st floor offers a living area of approx. 57 m², while the other 2-room apartment on the 2nd floor has a living area of approx. 54 m². Both apartments show a high need for renovation and refurbishment.The property is partly heated by a new gas central heating (year of construction 2013). This currently supplies the apartment on the first floor. The connection for the two upper apartments is already prepared.The apartments on the 1st and 2nd floor are currently still heated via gas external wall radiators.The house has a partial basement and a small courtyard.The apartment building is located in a quiet location and yet in the immediate city center. The location is ideal for those who want to enjoy the benefits of the city, but also the tranquility. The property offers great potential for investors looking for a solid investment that can provide them with a regular income. The rental income is currently 6,117.00 euros per year and can be increased.The house is in need of renovation, which allows the future buyer to modernize the property according to his wishes and ideas. It is a diamond in the rough in a desirable location and offers an excellent opportunity for investors looking for a solid investment. With modernization, the property can increase to a lucrative investment property.Likewise, this property is a great opportunity for families looking for a central yet quiet location. With its lot area, room distribution and location, the house can become a jewel in the middle of the city.For more information about the property, please contact us.

Amenities

• Bedrooms: 3
• Full Bathrooms: 3
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 1,485 ft² / 137.96 m²
• MLS: 23363010
• Web ID: SKC5JR
• Status: Available