Apartment block for sale

Make an offer starting from 699000€ Old Price €799,000

9 bedrooms 450 square meters

Immoweb code : 20897321
Immoweb code : 20897321

Overview

9 bedrooms
5 bathrooms
450 square meters livable space
200 square meters of land

Description

Lot of 2 buildings – 6 units + 1 renovation – 8% yield

A great investment opportunity comprising a LOT of two investment properties (one with six registered units, the other in need of renovation). Ideally situated in Molenbeek, within easy reach of all amenities, offering a total rental income of €4,629 per month – a 8 per cent yield!

PROPERTY 1:
Comprising 6 registered units (450 m² of living space):
• 1 ground-floor commercial unit, 50 m² (€850/month) + 25 m² studio (€969/month)
• 1 studio, 30 m² (mezzanine: €455/month)
• 1 studio (lower ground floor: €475/month)
• 1 one-bedroom flat, 75 m² (1st floor: €680/month)
• 2 two-bedroom flats, 81 m² (2nd floor: €690/month, 3rd floor: €680/month)
• 1 two-bedroom duplex, 102 m² (4th and 5th floors: €680/month)

All units are currently let, ensuring an immediate return on investment.

COMFORT: Separate utility meters; communal areas in good condition; gas central heating; PVC double-glazed windows; an external courtyard separating the front building from the rear building (approved by the town planning authorities) – a rare asset.

PROPERTY 2:
Rear building with 135 m² of living space (45 m² per floor), requiring renovation (structural work completed), with the potential to convert into several studio flats (subject to planning permission).
An ideal property for investors seeking to combine immediate returns with potential for capital appreciation.

PEB:
Mezzanine (PEB G, Wh/m²·year 968, CO₂ 195, kWh/m²·year 29,391, No. 2024040200006749130103), 1st floor (PEB F, kWh/m² per year 295, CO₂ 59, kWhmp per year 22,115, No. 202404020000674911017), 2nd (PEB G, kWh/m² per year 440, CO₂ 79, kWhmp per year 35,482, No. 202404020000674915018), 3rd (PEB G, kWh/m²·year 394, CO₂ 72, kWh/MP·year 31,782, No. 202404020000674916016), 4th and 5th (PEB G, kWh/m² per year 770, CO₂ 155, kWh/MP per year 78,371, No. 202404020000674917014) until 02/04/2034

COME AND VISIT WITHOUT DELAY!
INFO & VIEWINGS: contact us now on 0487 34 16 54

Information provided for guidance only and is not contractually binding

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