House for sale in Duisburg, Germany

From a buyer's perspective, this property description presents a three-unit, multi-family home with varying living spaces ranging from 75 to 130 m². The house was built in 1936 with an extension completed in the 1970s. It has a gas-fired central heating and a hot water system supported by a circulation heater. The property is in need of some maintenance, and no significant issues were found during the limited inspection. The asking price is €588,000, but with a 30% discount, it amounts to €411,600, including Notary fees and brokerage. This property is being auctioned by the local court. For a real estate investment, this property might present a good opportunity due to its relatively affordable price and potential for renovation and rental income. The property's age and need for renovation might deter some buyers, but with the right investments, it could provide a profitable return. Regarding lifestyle, living in a multi-unit property could provide sharing economy possibilities, while the house's location in Duisburg could cater to the needs of those who value proximity to shops, schools, and local amenities.Ratio Rating