Apartment block for sale

7 apartments (4 X 1-bed, 3 X 2-bed) Lier center

A classic apartment building with 7 apartments, located on a very quiet street in the center of Lier with a green view of the ramparts.

The ground floor houses a 1-bedroom apartment of approx. 57m² and the driveway to a rear parking garage (which is not part of this offer).

The 3 floors each have a 1-bedroom apartment of approx. 63m² and a 2-bedroom apartment of approx. 76m².

All apartments are rented out and generate a total annual rent of approx. €65,000, thus a gross return of approx. 4.73%.
Rent optimization (renting out the different types of apartments at the last achieved rental price per type) can increase the annual rent to approx. €68,000, thus a gross return of approx. 5%.

The building dates from the early 70s and was last thoroughly renovated in the early 2000s. With the necessary investments, both energetically and aesthetically, you can make this building a beautiful future-proof investment with 7 highly rentable and sellable units.

For enthusiasts, there are possibly a few parking spaces for sale in the rear parking garage.

Some EPC certificates have already been issued, ranging from a score of 252 (C-label) for the ground floor to a score of 610 (F-label) for the 3rd floor right.

The electricity certificates comply with AREI.

The remaining EPC certificates and asbestos certificates have been requested.