Apartment block for sale

480000€

4 bedrooms 265 square meters

Immoweb code : 21924722
Immoweb code : 21924722

Overview

4 bedrooms
3 bathrooms
265 square meters livable space

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.

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