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47053 Duisburg
Property Description This three-story multi-family house with a basement has a living space of 300 m² and was built in 1911. It is a semi-detached building. The existing structure has exceeded its economic useful life, as the building has been unused for several years and is considered dilapidated. It is located in the entertainment district of the old town of Duisburg. Price Thoughts The listed price of 54.500€ seems reasonable considering the condition of the property and its location in the city center. Additionally, the potential for a 30% discount on the appraised value makes this property a potentially lucrative investment opportunity for those willing to take on a renovation project. With the possibility of saving on notary fees and agency commission, the overall cost of acquiring this property could be more affordable than initially expected.
47053 Duisburg