House for sale in Duisburg, Germany

From a buyer's perspective, this property is a multi-family home with both front and back houses, featuring seven apartments and offering a total living space of 538.45 m². It is three-story high with a basement and a loft, featuring apartment sizes ranging from 61 to 102 m². The property was built in 1910 and needs significant renovation. It is temporarily supported by wooden beams and requires demolition. For a real estate investment, the property's condition is challenging, and potential buyers should calculate the cost of renovation. However, the property's size, location in Duisburg, and the potential number of apartments may make it an attractive investment for those looking to redevelop the property. The property's estimated value is €38,900, with a possible 30% discount, reducing the price to €27,230. This price includes notary costs and commission. As a lifestyle purchase, the property is not recommended in its current condition. The due diligence and the cost of renovation, as well as the property's location and structure, create a significant risk for buyers. However, with the proper investment, the property may have the potential to provide a comfortable and convenient living space for families or multiple tenants.