1/1
House for sale in Duisburg, Germany
second image

All photos

third image

Look at map

third image

House for sale in Duisburg, Germany

54 500€

47053 Duisburg

Investment Breakdown

Gross Yield:

7%

Time to pay off with rent:

3.8 years

Price Difference:

-15000%

Expected Rent:

1200€/month

Property description

This three-story multifamily house with a basement offers a total living space of 300 m² and was constructed in 1911. It is a semi-detached building, positioned in a bustling recreational area of Duisburg's old town. The existing structural condition of the building has surpassed its economic lifespan, as it has been unoccupied for several years and is considered dilapidated. The area surrounding the property boasts vibrant nightlife, restaurants, and cultural attractions, making it an appealing location for potential renters. Given its current state, the property presents a unique opportunity for investors willing to undertake renovation work to transform it into a profitable rental or residential unit. The potential for value appreciation in this lively neighborhood further enhances its attractiveness for investment.

Location

47053 Duisburg

Date added: 07.12.2024

More properties for you