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44575 Castrop-Rauxel
Property description: This multi-family house, built around 1902, consists of 6 units spread over 2 floors with an additional converted attic. The total living space is approximately 405m² and the property includes a basement and an outbuilding. Due to limited access, only a partial interior inspection could be conducted at the time of valuation, with the majority of units being vacant. Thoughts on price: The price of €270,000 for this property in Castrop-Rauxel seems reasonable considering its size and potential as a multi-family investment. The fact that most units are vacant could be seen as an opportunity for potential buyers to renovate and increase rental income. Additionally, the historic charm of the building and its central location may attract investors looking for long-term appreciation in value.
44575 Castrop-Rauxel