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40629 Düsseldorf
Property Description A residential and commercial building with five apartments and commercial units, attached on both sides. It extends over three floors, is basemented, and has a converted attic and an attic. The building includes balconies and one-story courtyard additions without a basement. The living areas vary between 47 and 150 sqm, the usable areas between 66 and 77 sqm. The total living area is 400 sqm and the usable area is 143 sqm. The building was built in 1887, but due to its good maintenance condition and modernizations carried out, it was assessed in 1993. Heating is provided by an oil central heating system, while hot water is provided by electric appliances. There are partially different floor plans, with an expanded area of a sound studio and storage/workshop in the front building on the ground floor, which is not approved by building law. The property does not have any listed building characteristics. Thoughts on Price The property is currently listed for 1,850,000€. However, there is potential to secure a 30% discount on the market value, bringing the price down to 1,295,000€. This is a great opportunity for buyers looking to acquire this property at a reduced cost, with the added benefit of notary and agency fees being waived. Considering the size of the property, its convenient location in Düsseldorf, and the potential for a significant discount, this property could be a valuable investment opportunity for the right buyer.
40629 Düsseldorf