Other for sale in Duisburg - Nordrhein-Westfalen, Germany

• Anzahl der Etagen im Haus 3
• Bad 4
• Garten
• Carport 1
• Keller

Property Description: Are you looking for a secure investment opportunity? Are you interested in building wealth? Then take a look at this house... Our apartment building houses four families in a total of 283 m² of living space. There are two small 1.5-room apartments and two large 4-room apartments, each approximately 100 m² in size. The building, constructed in solid construction in 1912, has two full floors and an attic, and is fully basemented. This house is in good condition all around. Due to its location, layout, and apartment sizes, we see a high demand on the rental market. All units are currently rented out. With current rental income totaling 21,000 EUR per year, the property yields a return of 5.45%. Rent payments are made on time, and there are no legal disputes. Rent increases are planned for all four units in October 2024, increasing the annual net cold rent to 23,500 EUR. Detailed rental income (rent per m² and per unit) and further details are available upon request. By the way, you do NOT pay any additional buyer's commission! Price Thoughts: The asking price of 385,000€ for this multi-family property in Duisburg, Nordrhein-Westfalen seems reasonable considering the current rental income and potential for future rent increase. With a solid return on investment of 5.45% and the property being fully rented out, this property offers a great opportunity for long-term wealth building and investment stability. The location, condition, and layout of the building make it a desirable investment option for those looking for a secure income stream. With planned rent increases in the near future, the potential for even higher returns makes this property a valuable asset in any investment portfolio.