Apartment block for sale

4-unit apartment building - 7,3% net return

For more information, contact: Naji on 0484/92.22.77 or [email protected] - House built in 1925, in good condition, currently divided into four flats (de facto situation to be formalised), with individual water, electricity and gas meters for each flat. Ideally situated in Saint-Gilles on a quiet street, close to Avenue Jean Volders and the Parvis de Saint-Gilles, near all amenities, leisure facilities, healthcare, education, public transport and the station. Floor area of approx. 229m² according to EPC. PEB: D, G, F, F. Electricity compliant, individual gas heating and a security door in each flat. The property is spread over 4 levels:

Ground floor and basement duplex: 95m² flat, 2 bedrooms, living room, dining room, fitted kitchen, shower room, bathroom, 12m² terrace, currently vacant, EPC = F, potential future rent €1150.
First floor: 53m² flat, 1 bedroom, living room, dining room, fitted kitchen, shower room, current rent €761,97, potential future rent €950, EPC rating: G.
2nd floor: 40m² flat, 1 bedroom, living room, open-plan kitchen, shower room, current rent €561,14, potential future rent €850, EPC rating: D.
3rd floor: 41m² flat, 1 bedroom, living room, fitted kitchen, shower room, currently vacant, EPC rating: F, potential future rent €900.
Potential future total net monthly rent of €3850/month, i.e. €42.350/year = net yield of 7,3%. An opportunity not to be missed!

For more information, contact: Naji on 0484/92.22.77 or [email protected]