Apartment block for sale

Josaphat Park - Investment Property - 4 units

Within walking distance of Josaphat Park, in a sought-after residential area of Schaerbeek, this income-generating property represents an attractive investment opportunity.

The building, arranged over four floors, is officially recognised by the urban planning authorities as three residential units and is currently subject to a planning application aiming to regularise four units. It is currently operated as five studios, generating a total monthly rental income of €2,870, corresponding to an estimated net yield of approximately 4.4%.

The property benefits from a compliant electrical installation, double-glazed windows, two cellar spaces, individual gas boilers and separate meters for water, gas and electricity. The plot area measures 55 m².

🔹 Areas & Energy Performance (EPC)
Ground floor: 58.27 m² – ancillary to residential use – EPC G
1st floor: 47.18 m² – recognised residential unit – EPC E+
2nd floor: 47.11 m² – recognised residential unit – EPC E+
3rd floor: recognised residential unit – EPC E+
Attic: 40.94 m² – ancillary to residential use – EPC G

🔹 Planning application in progress: creation of one studio on the ground floor, one studio on the 1st and 2nd floors, and a duplex apartment on the 3rd floor + attic.

Works required to implement the permit will be at the purchaser’s expense.

📩 Information & viewings via www.mahssa.immo. Documentation available upon request.

📸 Images are for illustrative purposes only.

***This description is for indicative and infor