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House for sale in Duisburg, Germany

191 000€

47166 Duisburg

Property description

Property description: This semi-detached multi-family house consists of a total of three apartments spread over two floors and an attic, including an extension with two smaller apartments. The living area ranges from 25-56 m² per unit, totaling 240 m² of living space. The building also features a garage and a storage building. Built in 1913, only the attic apartment is currently rented out, and neither this unit nor the basement could be viewed during the inspection. The overall condition of the property is fair, with a backlog of maintenance and significant restoration work needed before long-term rental can be established. Thoughts on price: At a listed price of 191,000€, this property may seem like a good investment opportunity, especially considering the potential for a 30% discount on the market value. With some renovations and updates, this multi-family house could be a profitable rental property in the future. Keep in mind the additional savings on notary fees and agency commissions, making this a potentially attractive deal for buyers looking for a project with potential for value appreciation.

Location

47166 Duisburg

Date added: 05.09.2024

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