Apartment block for sale

1290000€

370 square meters

Immoweb code : 21985606
Immoweb code : 21985606

Overview

5 bathrooms
370 square meters livable space
150 square meters of land

Description

Investment property with 4 units for sale in Ixelles –Louise

Ixelles: 4-unit investment property ideally located in one of the municipality’s most sought-after areas, near Châtelain, Avenue Louise, shops, restaurants and public transport.

Built between 1870 and 1880, the building comprises 4 renovated apartments in good overall condition and a converted mezzanine level. Gross rental yield of nearly 4.5%, excluding the mezzanine level.

Property layout:
Basement: Two adjoining rooms with conversion potential, which could be connected to the ground floor, a wine cellar and two additional cellars.

Ground floor: One-bedroom apartment of 88 m² (gross EPC area), spacious southeast-facing courtyard of ± 45 m². EPC G. Rented for €1,250/month.

Mezzanine level: ± 15 m² converted into a studio with kitchen and shower room.

1st floor: One-bedroom apartment of 56 m² (gross EPC area), southeast-facing terrace of ± 12 m². EPC E. Rented for €1,250/month.

2nd floor: One-bedroom apartment of 56 m² (gross EPC area), front balcony. EPC E. Rented for €1,250/month.

3rd floor + attic: One-bedroom apartment with office, ± 70 m² (gross area). EPC F. Rented for €1,050/month.

Key features:


gross rental yield of nearly 4.5%, excluding the mezzanine level
4 renovated apartments in good overall condition
southeast-facing outdoor spaces
potential in the basement and mezzanine lev

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