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47053 Duisburg
Property Description This three-story multi-family house with a basement has a living area of 300 m² and was built in 1911. It is a semi-detached building. The existing building 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 property is being auctioned at the local district court with an asking price of 54.500€. There is a possibility of securing a 30% discount on the market value, bringing the price down to 38.150€. In addition, notary fees and agency commission are waived. While the property may require significant renovation, its prime location in the historic district of Duisburg could make it a worthwhile investment for the right buyer.
47053 Duisburg