Investment property - Appartementbulding

Description

“Don’t wait to buy real estate. Buy real estate and wait.” This characterful and imposing Art Deco corner building, fully renovated in 2002, is situated in a prime location in Antwerp, close to the vibrant Park Spoor Noord in postcode 2060. The building is officially licensed as 6 studios, 12 rooms, and a spacious warehouse (partially underground), but in practice comprises 18 fully furnished residential units. Each unit is equipped with a fitted kitchen, a bathroom with either a shower or bathtub, double glazing, natural gas central heating, individual dual-rate electricity meters, and TV/internet connections. The rear units enjoy private terraces with balustrades. Lettability is excellent: the entire building is fully rented out, generating a stable and healthy rental income of approximately €19,000 per month, or around €228,000 annually. The property meets all fire safety standards, offering peace of mind for investors. Its location in the dynamic 2060 district is a key asset. This neighbourhood is undergoing a remarkable transformation thanks to urban renewal projects. The area continues to gain popularity, especially among young entrepreneurs and creative investors, and is marked by a high population density. This investment property brings together an attractive return, full occupancy, and a strategic location, making it a solid and future-proof opportunity in the Antwerp real estate market.

Specifications

Source

immoweb — View original listing