Investment property for sale - Schaarbeek RBU60553

Discover a promising investment opportunity in the vibrant district of Schaarbeek with this versatile property listed at €450,000. This building, dating back to 1907, offers a total area of 175 m² and features three separately recognized units—two residential apartments and a warehouse—making it an attractive prospect for investors seeking rental income or future development. Currently, the property is fully leased, generating a monthly rental income of €3,050, which translates into a solid net yield of approximately 5.5% per year. The building requires some renovation, offering considerable potential for value enhancement and customization to meet specific investment goals. Its strategic location near downtown Schaarbeek ensures excellent accessibility, with proximity to public transportation, shops, train stations, and major traffic routes, enhancing both tenant appeal and future growth prospects. The property comprises various functional spaces designed for practical living and commercial use. The ground floor features a 40 m² warehouse, ideal for storage or small business operations. The first-floor apartment spans around 40 m² and includes one bedroom, a living room with a semi-equipped open kitchen, a separate toilet, and a bathroom with a shower. The upper levels accommodate an 80 m² duplex apartment with two bedrooms, a living room, an additional semi-equipped kitchen, and two bathrooms, each with shower facilities and toilets. Modern amenities include double-glazed wooden windows, an intercom system, and two individual condensing boilers installed in 2023, ensuring efficient heating. The electrical system complies with standards until 2049, providing peace of mind concerning safety and regulation adherence. The property's energy performance certificates indicate energy consumption levels with labels G, reflecting room for improvement but also significant potential for energy upgrades. Located in the heart of Schaarbeek, this investment property benefits from excellent connectivity and urban convenience. Its central position offers easy access to public transit, shopping districts, the station, and major road arteries, making it highly appealing for tenants seeking commuter-friendly accommodations or commercial tenants requiring logistical advantages. With its solid rental income history and scope for renovation, this building presents a compelling opportunity for seasoned investors or those looking to expand their real estate portfolio in Brussels. For more information, detailed viewing arrangements, or professional valuation services, interested parties are encouraged to contact the representing agency HY Immo. Reach out to Sarah Heirman by phone or email for further assistance and to explore how this property can fit into your investment strategy.

* This text was generated using an artificial intelligence.

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