Building for sale in Duisburg, Germany

Property Description: This property is a residential and commercial building with 5 apartments and former bank premises. It spans over 4 floors, has a basement, and a total living area of 574 m² and a total usable area of 2,967 m². Additionally, it features an underground garage with 25 parking spaces and 15 outdoor parking spaces. The building was constructed in 1983. It is heated by district heating, which was modernized in 2007. The ground floor still largely reflects its original use. The construction costs of the building were above average, but the structural condition is considered average. There are areas with deferred maintenance, as well as renovation and modernization needs. A large part of the building is purpose-built with individual floor plans and limited usability for other purposes, especially on the ground floor. The apartments are intended to be vacant, however, at the time of the valuation, they were not yet vacated and partially still furnished (office furniture, IT equipment, kitchen appliances, pictures). Abandoned vehicles, unidentified goods on pallets, and machinery were also found (which cannot be considered as accessories). Price Thoughts: The property is being auctioned by the competent district court with a market value of 2,540,000.00 EUR. There is a chance to secure a 30% discount on the market value, making the purchase price for the above-mentioned property only 1,778,000.00 EUR. Notary costs and agency fees are also waived. This is one of many interesting properties that are published in our cost-effective REAL ESTATE AUCTION CATALOG on a monthly basis. Take advantage of this opportunity to acquire your dream property at a discounted price. For more information, please contact us at the provided telephone number.