Apartment block for sale
480000€
4 bedrooms 265 square meters
Overview
Description
Building with 3 appartments
INVESTMENT PROPERTY WITH STRONG VALUE-ADD POTENTIAL
32 Rue de Courtrai, 1080 Molenbeek, Brussels
Outstanding opportunity for investors, developers and buy-to-let buyers.
Located on a quiet street in Molenbeek, within walking distance of the metro, schools, shops and public transport, this income-producing property benefits from a wide façade and significant value-enhancement potential.
Planning Status
✅ Urban planning permit granted for the regularisation of 3 residential units
Planned Layout (initially 2 appartments + 1 commercial ground floor)
Ground floor: approximately 70 sqm one-bedroom apartment
First floor: approximately 70 sqm studio apartment
Second floor + attic: approximately 115 sqm two-bedroom duplex
Basement cellars
Investment Highlights
Separate utility meters for all 3 units
Property currently fully rented
Current rental income: €2,400 per month
Significant upside through renovation and compliance works
Attractive asset for both yield and capital appreciation strategies
Key Features
✔ Wide façade
✔ Planning permission already secured
✔ Immediate rental income from day one
✔ Strong rental demand area
✔ Close to metro, schools, shops and public transport
✔ Potential for substantial rental growth following refurbishment
An ideal acquisition for investors seeking a Brussels value-add asset with existing cash flow and strong redevelopment potential.
| Available as of | After signing the deed |
|---|---|
| Number of floors | 3 |
| Building condition | To renovate |
| Immovable heritage | Not specified |
| Number of frontages | 2 |
| Asbestos certificate is available | Not specified |
| Usable floor area | 265 square meters |
|---|---|
| Living room | Yes |
| Bedrooms | 4 |
| Dressing room | No |
| Bathrooms | 3 |
| Toilets | 3 |
| Office | No |
| Professional space | No |
| Basement | Yes |
| Attic | Yes |
| Armored door | No |
| Caretaker | No |
|---|---|
| Elevator | No |
| Accessible for disabled people | No |
| Intercom | Yes |
| Secure access / alarm | No |
| Armored door | No |
| Air conditioning | No |
| TV cable | Yes |
| Visio phone | No |
| Jacuzzi | No |
| Sauna | No |
| Swimming pool | No |
| Internet | Yes |
| Primary energy consumption | Not specified |
|---|---|
| EPC/EPC label | F |
| Renovation works mandatory | Not specified |
| Unique code EPB certificate | Not specified |
| CO₂ emission | Not specified |
| Yearly theoretical total energy consumption | Not specified |
| Valid electricity inspection certificate | No |
| Conformity certification for fuel tanks | Not specified |
| Summons: No judicial remedy or administrative measure imposed | Not specified |
| Valid flood certificate | Not specified |
| Heating type | Gas |
| Heat pump | No |
| Photovoltaic solar panels | No |
| Thermic solar panels | No |
| Common water heater | No |
| Double glazing | No |
| Building permit | Yes |
|---|---|
| Type of building | Apartment building |
| Cadastral Plan | Not specified |
| Right of first refusal for the tenant | Not specified |
| Allotment permit | Not specified |
| Preemption right | Not specified |
| Most recent urban development zoning | Not specified |
|
P-score
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Not specified |
|
G-score
|
Not specified |
| Latest land use designation | Residential recreation area |
Asked price excluding notary fees (excluding eventual registration fees)
| Price | 480000 € |
|---|---|
| Cadastral income | 1204 € |
| Tenement building | Yes |
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