Investment property – rare opportunity for investors
Rue de Mérode 448
Forest (1190)
925,000 EUR
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Description
Investment property comprising 5 units, fully renovated in 2017, offering excellent potential for value enhancement and rental optimization. The building is laid out as follows: Ground floor: approx. 100 m² (currently arranged as two studios). 1st/ 2nd / 3rd floor: approx. 84 m². 4th floor: approx. 60 m² with a mezzanine of approx. 15 m². Energy performance: EPC E+ and G. The entire building will be fully vacant as of 1 July 2026, giving the purchaser complete freedom to refresh the apartments and common areas, redesign the layout of the units, and sign new leases at market conditions. This property represents an ideal basis for a value-add project, with an existing structure allowing for rental yield optimization after light to moderate renovation works, generating an estimated annual income of €58,000 to €65,000. Average price per apartment: €2,350/m². The right of first refusal was not exercised by the tenants. Profitable resale by unit possible. Information requests via WhatsApp +32 495 54 54 56 or by email at merode448@gmail.com Agencies please refrain – no cross-option – unrealistic offers of 20/30% below the asking price: please do not waste your time.
Specifications
Source
immoweb — View original listing
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