Apartment block for sale

Make an offer starting from 699000€

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 – 7 units + 1 renovation – 8% yield

Great investment opportunity for a LOT comprising 2 income-producing buildings (one with 7 units, the other requiring renovation). Ideally located in Molenbeek, in the immediate vicinity of all amenities, offering a total rental income of €4,710/month and an 8% yield!

LOT 1:
Comprising 7 units (450 m² of living space):
• 1 commercial ground-floor unit of 50 m² (€1,050/month)
• 1 studio of 30 m² (mezzanine level: €455/month)
• 1 studio (rear ground floor: €475/month)
• 1 one-bedroom apartment of 75 m² (1st floor: €680/month)
• 2 two-bedroom apartments of 81 m² (2nd floor: €690/month, 3rd floor: €680/month)
• 1 two-bedroom duplex of 102 m² (4th and 5th floors: €680/month)

All units are rented, ensuring immediate rental income.

COMFORT: Separate meters, well-maintained common areas, gas central heating, PVC double glazing, and an outdoor courtyard separating the front building from the second rear building (listed as such with the urban planning authorities) – a rare asset.

LOT 2:
Rear building of 135 m² of living space (45 m² per floor), requiring renovation and currently in a closed shell state, with the possibility of converting it into several apartments (subject to obtaining the necessary authorizations).

An ideal property for investors looking to combine immediate rental income with value-creation potential.

DON’T MISS OUT!

INFO & VIEWINGS: contact us now on +32 487 34 16 54

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

Urban planning information is pending.

Information provided for guidance purposes only and is non-contractual.

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