Apartment block for sale

Investment property - Appartementbulding

An investment property ideally located on a bustling square in Châtelet, offering excellent yield potential! It consists of a ground-floor commercial space of approximately 61 m², which enjoys excellent visibility thanks to its large storefront windows, along with a restroom and a storage cellar. On the upper floors, you’ll find two apartments, each approximately 76 m², which are bright and well-laid-out. The building enjoys a strategic location, right next to shops, cafés, public transportation, and all amenities.
Current rental income is €650/month for the second-floor apartment and €560/month for the first-floor apartment. The retail space is currently vacant but was previously rented for €800/month, which would bring the potential rental income to €2,010/month, or €24,120/year, representing a gross rental yield of approximately 9.3% based on a price of €260,000.
An ideal opportunity for an investor seeking an excellent rental yield, but also for a self-employed individual or business owner wishing to establish their own business there while benefiting from the income generated by the two apartments.
ELECTRICAL SYSTEM IN COMPLIANCE FOR THE ENTIRE BUILDING.
ENERGY PERFORMANCE: PEB No. 20210729005127 - PEB: C - Specific Energy Consumption: 203 kWh/m² - Total Energy Consumption: 15,347 kWh/m² per year.
ENERGY PERFORMANCE: PEB No. 20210729005248 - PEB: G - Specific Energy Consumption: 655 kWh/m² - Total Energy Consumption: 49,652 kWh/m² per year.
Make an offer starting at 260,000 euros, subject to the owner’s acceptance.