Apartment block for sale

590000€

5 bedrooms 322 square meters

Immoweb code : 21658064
Immoweb code : 21658064

Overview

5 bedrooms
2 bathrooms
322 square meters livable space

Description

Investment property - Appartementbulding

Revenue property with 2 apartments and commercial ground floor

Location: This yield property is conveniently located in the center of Lommel. Thanks to its central location, numerous amenities are within walking distance, including supermarkets, stores, schools and public transportation.

Description: Interesting investment opportunity consisting of two apartments and a commercial ground floor. The building comprises three separate rental entities: two apartments on the second floor and one commercial space on the ground floor. Both the apartments and the commercial ground floor are currently rented out, allowing you as an investor to immediately enjoy a stable rental income.

The monthly rental income totals €2,220, distributed as follows:

- Apartment 1: €785 / month
- Apartment 2: €750 / month
- Commercial ground floor: €685 / month

This results in a total annual rental income of €26,640 and a gross rental yield of about 4.5%, making this property an interesting investment with immediate returns.

Details:

- Separate purchase also possible

- Revenue property with 3 rental entities

- Stable monthly rental income

- Central location with amenities within walking distance

- Individual meters - gas central heating - no trustee

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