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47229 Duisburg
Property Description: A two-story, basemented multi-family house with five apartments, attached on both sides. The attic is partially converted, and the living areas of the 5 apartments range from 49 to 53 m². The total living space of the house is 248.7 m² and it was built around the year 1930. The building is heated by district heating. Although some renovation work has been carried out on the existing building, there are still basic finishing conditions and some components are somewhat outdated, so the apartments only meet simple requirements. These basic finishing conditions were taken into account in the valuation, while existing defects and damages were additionally devalued by a standardized discount. Price Thoughts: The property has a market value of 147,000 EUR. However, there is a possibility to secure a 30% discount on this market value, bringing the price down to 102,900 EUR. Notary and agency fees are also waived, making this a potentially attractive investment opportunity.
47229 Duisburg