Apartment block for sale

Apartment building with high potential - Chaussée de Louvain

Real estate agencies and intermediaries: please refrain.

4-story apartment building with commercial space, 3 apartments, and converted attic - a great opportunity for an investor looking for a property to enhance.
Roof (2022) and rear facade insulated (2024) already redone.

The building consists of:
• Ground floor: commercial space of approximately 65 m², currently vacant
• 1st floor: 55 m² - PEB E-
• 2nd floor: 50 m² - PEB D+
• 3rd floor: 53 m² - PEB D
• 4th floor: converted attic 21 m² - PEB G
• Cellar: 55 m²
Each apartment has one bedroom and one bathroom.

Rental income
Historical rents: €3,240/month
Market potential 2026: €3,775/month (i.e., €45,300/year)
Potentially higher income if renovated

Works and improvements
Several major works have already been carried out:
• Insulation and renovation of the roof in 2022
• Insulation and renovation of the rear facade in 2024

Urban planning situation
1 commercial space + 3 apartments + 1 attic space.
The attic space of approximately 21 m² is currently converted and used as an apartment.

An opportunity for an investor
With its commercial space on the ground floor, its three apartments, and its converted attic space, this building offers an interesting base for a renovation and enhancement project, with the potential for improved rental income.

Direct sale by owner.