House for sale in Duisburg - Nordrhein-Westfalen, Germany

• Boden Fliesen, Teppich
• Keller

Property Description: This house was built in 1910 in conventional construction, 3 ½ stories high and fully basemented. In 1934, the previously used as single rooms in the attic were approved as a separate apartment. The attic space above is currently used as a dry storage area and could potentially be expanded. The property size is approximately 210 m². The partially covered and paved courtyard, as well as the small green area, are available for communal use. The property has 4 apartments totaling around 319 m² of living space. The ground floor features a 3 ½ room apartment with approximately 80 m² of living space with a terrace. On the 1st floor, there is a 3 ½ room apartment with around 103 m² of living space. The 2nd floor has a 2 ½ room apartment with approximately 76 m². The attic contains a 3 ½ room apartment with around 60 m² of living space and a French balcony. The apartment layouts are modern. Each apartment has its own cellar room and a storage room in the staircase. The apartments are rented out long-term. A rent increase within the cap of 20% has just been carried out, resulting in a net rental income of approximately €17,611.53 per year. According to the current rent index, rents could be further increased to a net rental income of approximately €20,846.71 per year. In case of new rentals due to tenant turnover, the net rental income could be further increased. Thoughts on Price: The price of 299.000€Kaufpreis for this property in Duisburg, Nordrhein-Westfalen seems to be reasonable considering the size of the property, the number of apartments it offers, and the potential for increased rental income. With a solid rental history and the opportunity to further increase rental income, this property could be a good investment opportunity for someone looking to expand their real estate portfolio.