House for sale in Duisburg, Germany

From a buyer's perspective, this property is located in Duisburg, Germany and was built in 1888. It has a total living and usage area of 416 m². The building consists of 3 floors, including a basement and attic. The property has 2 separate entrances and was recently appraised at a value of 320,000€. The current condition of the property is described as run-down and in need of repairs. As an investment, this property may not be the most ideal choice, given its current state and the estimated repair costs. However, it could potentially offer good value for money if you are willing to invest time and resources into renovating it to restore its original charm and increase its potential rental income. As a lifestyle purchase, this property might not be very appealing due to its current condition and location. The property is situated at an intersection with shop units, which may not be the most desirable location for a residential property. Additionally, the property has an unclear number of apartments, and it is unclear whether some units were created by combining the spaces. Overall, this property might require a considerable financial commitment and effort to improve its condition, making it a speculative investment and less attractive as a lifestyle purchase. If you have experience renovating properties or are interested in a challenge, this might be an opportunity for you to create a unique living space in a desirable location.