Apartment block for sale

Investment property with 4 apartments and 2 garages

Immo Groot Leeuw presents you with a unique investment property consisting of 4 apartments, complemented by 2 garage boxes. The entire building is currently leased, resulting in a stable annual rental income of €31,329.60 (€2,610.80/month). Each apartment features a private connection for electricity, gas, and water.

The layout of the building is as follows: on the ground floor, there is a spacious apartment comprised of an entrance hall, living room, kitchen, 2 bedrooms, bathroom, garden, and garage. An additional asset is that the ground-floor apartment has direct access to the garage from the garden. On the first, second, and third floors, there is an apartment on each level featuring an entrance hall, living room, kitchen, bedroom, bathroom, and terrace.

The building dates back to 1970 but was largely renovated in 2004 and fully meets contemporary living comfort standards, including a favorable energy performance certificate (EPC). For instance, the roof was insulated, the windows replaced, new heating boilers installed, and the kitchens and bathrooms upgraded. Moreover, the roof of the main building was completely renewed in 2022, and the roof of the garages was renovated in 2026. All apartments are also equipped with fire-retardant entrance doors, enhancing the safety of the residents.

Due to the limited size of the building and the absence of an elevator, the common costs remain particularly low, which is an added advantage for both investors and tenants. The monthly common costs for the building amount to €80/month. These costs include electricity for the common areas and the building's fire insurance.

The location of this investment property is an absolute added value. Situated near the connecting road to Brussels and the Brussels Ring, the building enjoys excellent accessibility. Public transport is also in the immediate vicinity, significantly enhancing its appeal to both tenants and investors. Are you looking for an interesting investment for your real estate portfolio? Contact Immo Groot Leeuw for a visit via [email protected] or call 02 378 04 44.