This investment property for sale in Schaarbeek is an exceptional opportunity priced at 489,000 €. Located at Rue de l’Est 36, this building offers significant potential with its layout currently arranged as two duplex units, recognized as a single-family home. The property comprises multiple living spaces spread over several floors, including a ground floor with an entrance hall, living room, dining room, kitchen, and one bedroom. The basement level features a bathroom, while the first floor holds a landing, living room, dining room, and a non-equipped kitchen. The second floor includes a landing, two bedrooms, and an office space. Additionally, there is a 45 m² convertible attic and a cellar, further expanding the usable surface area. The dwelling also benefits from a courtyard and two separate meters for electricity and gas. The house, built in 1888 and currently in need of renovation, features double-glazed PVC windows and individual gas boilers for heating. It includes modern installations such as an intercom system and has an electrical installation certificate valid until 2030. Recent renovations have been completed on the first floor. The property’s energy performance certificate indicates an energy consumption of 224 kWh/m²/year for the ground floor and basement (label E+) and 49 kWh/m²/year for the upper floors (label F). It is rented out at present for 1,875 € per month, providing a net yield of approximately 3.74% annually. There is a possibility to have the building officially recognized as two separate units, subject to approval by competent authorities. Situated close to the city center of Schaarbeek, this property benefits from proximity to public transportation, shops, train stations, and major roadways. This advantageous location enhances its appeal as both a residential investment and a renovation project with promising returns. For further information or to arrange a visit, interested parties are invited to contact HY Immo via Julien Boukerdous at
Tel 0491/59.85.01 or
Contact . Professional advice and a free valuation are also available upon request. This property stands out as a valuable asset in the Schaarbeek real estate market for investors seeking a noteworthy acquisition.
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