House for sale in Dusseldorf, Germany

Property Description A residential and commercial building with five apartments and commercial units, attached on both sides. It spans three floors, has a basement, an attic, and a loft. The building includes balconies and single-story courtyard extensions without basements. The living areas range from 47 to 150 m², and the usable areas range from 66 to 77 m². The total living area is 400 m² and the usable area is 143 m². The building was constructed in 1887, but due to its good condition and modernizations carried out, it was evaluated in 1993. Heating is provided by an oil central heating system, while hot water is provided by electric devices. There are partially different floor plans, with a developed area of a sound studio and storage/workshop in the ground floor of the front building that is not legally approved. The building does not have any protected status. Thoughts on Price The listed price for this property is 1.850.000€. However, there is an opportunity to potentially secure a 30% discount on the appraised value, reducing the price to 1.295.000€. This reduction, along with the absence of notary fees and agency commission, presents a compelling opportunity for potential buyers. Considering the location in Düsseldorf and the size and condition of the property, this could be a valuable investment opportunity for those looking to acquire a mixed-use building with significant potential.