House for sale in Dusseldorf, Germany

Property Description: Multi-family house with 6 apartments, 2 floors, basement, converted attic, and attic space. The living spaces of the 6 apartments range from 42 to 97 m², totaling 414 m². The building also features balconies, a terrace, and a courtyard building. It was built in 1987, with the courtyard building dating back to 1956. There are no approved building plans for the attic conversion. Heating is provided by a gas central heating system, and hot water is supplied by an electric water heater. There are structural defects and building damages, such as crack formations in the terrazzo surface of the ground floor terrace and severe crack formations in a section of the masonry enclosure. A lump sum of 15,000 € has been considered for the costs. Price Thoughts: The property is being auctioned by the local court with a market value of 1,615,000.00 EUR. However, it is possible to secure a discount of up to 30% on the market value, resulting in a purchase price of only 1,130,500.00 EUR for the above-mentioned property. Additionally, notary fees and agency commission are waived. This property presents a unique opportunity for potential buyers to acquire a sizable multi-family property at a significantly reduced price.