Recognized Investment Property – 4 Units – ±6% Yield

Description

Century 21 Expo is pleased to present this investment property ideally located in Laeken, close to the city center, Tour & Taxis, public transport, schools, and major access roads. Offering approximately 300 sqm of living space, the building comprises 4 officially recognized units, all currently rented, ensuring immediate rental income with strong value-add potential. Layout: Former commercial ground floor converted into a ±70 sqm one-bedroom apartment with a ±70 sqm private garden and a ±20 sqm outbuilding (still officially registered as commercial space) Two ±60 sqm two-bedroom apartments A spacious ±110 sqm two-bedroom duplex Key Features: Current rental income: €3,429/month (€41,148/year) Gross yield: approx. 6.1% Individual ut ility meters PVC double-glazed windows (except storefront) Partial gas central heating Roof in good condition Cellars Additional Information: Energy rating: F (ground, 1st, 2nd floors) – G (duplex) Electrical installation non-compliant. Property tax: €1,320/year. The ground floor remains officially registered as commercial space; any change of use would be at the buyer’s expense. The property has been owned for many years by the same landlord and is offered for sale as part of estate simplification. Price: €675,000 Full documentation available upon request. Ground floor: Bedroom(s), Kitchen, Reception(s),,, . :, Bedroom(s), Bedroom(s), Kitchen, Dining Room, Lounge . Second floor:, Bedroom(s), Bedroom(s), Kitchen, Dining Room,

Specifications

Source

immoweb — View original listing