Apartment block for sale

Income Property / 3 x 1-Bed Apt. / 4 Garages

Urban Concept presents this well-maintained investment property in Jette, ideal for investors seeking immediate rental income and long-term value potential. Ideally located close to shops, schools, public transport, the railway station (+/- 800 m), major roads, green spaces and hospitals. The building comprises 3 apartments, 2 of which are currently rented.
The ground floor includes 4 enclosed garages, a shared entrance hall and a technical room. The 1st, 2nd and 3rd floors each feature a similar apartment comprising an entrance hall, bright and spacious living/dining room (+/- 36 m²), semi-equipped kitchen, bathroom, 1 bedroom, office or 2nd bedroom and separate WC. Technical features: new garage doors with remote controls, compliant electrical installations, new individual gas boilers and electric water heaters, separate meters for each apartment (water/gas/electricity), and a security entrance door. EPC: F and G. Rental income: 1st floor €653/month non-indexed (± €871 indexed); 2nd floor vacant, potential rent ± €900; 3rd floor €600/month non-indexed (± €760 indexed). 3 garages rented at €100, €90 and €80/month; 4th garage vacant, potential ± €100/month. Current income: €1,523/month. Potential: ± €2,900/month.
Information provided for guidance only and subject to errors, omissions and planning information.
Viewings by appointment only: [email protected] or +32 496 29 39 01.