Residential and commercial building

Residential and commercial building with a backyard and great potential

✅No realtor's commission
✅No debt (any existing encumbrances will be cleared)
✅No leasehold
✅Rent-to-own option available

📍Address: Schloßstraße 17, 06493 Ballenstedt
💶 Purchase price (immediate purchase): €9,900
🛀 Toilets: at least 1 (condition not fully verifiable)
🛏 Rooms: at least 4 (formerly 2 commercial units + living space + backyard development)
🚗 Parking: public parking nearby
🛋 Living/usable area: estimated approx. 120–150 m²
🌳 Plot size: 491 m²

A video of the building can be found here: https://youtu.be/vgMfZ3_9JMY

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📈 Rent-to-own / Installment Purchase:
Rent-to-own possible – completely without a bank and without interest!

You pay in monthly installments and secure your own home step by step. Ideal for owner-occupiers or investors with a do-it-yourself mentality.

Purchase price for rent-to-own: €15,000
Down payment: €5,000

20 monthly installments of €500

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📝 Description:

This two-story residential and commercial building is centrally located in the pedestrian zone of Ballenstedt. It is a listed building, so any structural modifications must be coordinated with the heritage authorities beforehand. However, the listed building status also offers attractive funding opportunities and tax advantages.

The ground floor contained two commercial spaces, and the upper floor housed the living quarters. The rear extensions (former workshop and living spaces) as well as parts of the rear wall of the main building are dilapidated or have collapsed – as have parts of the roof. Access to the courtyard is through the house or via a narrow, overgrown path to the side. The entire property requires significant renovation.

All electricity, gas, and water meters have been removed; new connections must be arranged and paid for by the buyer. The plot is irregularly shaped and mostly level.

The property is sold "as is," including all furnishings, household items, tools, trash, and debris.

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📍Location: Ballenstedt is located in the Harz district (Saxony-Anhalt) on the northern edge of the Harz Mountains and has approximately 9,000 inhabitants. Schloßstraße is situated in the historic town center with amenities within walking distance. Bus connections are available, and the B185 and A36 highways can be reached in just a few minutes. Quedlinburg (10 km) and Aschersleben (16 km) are in the immediate vicinity.

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