Investment property for sale - Schaarbeek VBD46214

Discover a unique investment opportunity in the vibrant district of Schaarbeek with this versatile property listed at €995,000. This sizeable building offers a total surface area of approximately 400 square meters (excluding cellars) and comprises seven recognized units, including a commercial ground floor, six residential units, and a garage. Situated in a bustling commercial neighborhood, this property is ideal for investors seeking a project with significant potential. The ground floor features a commercial space with an adjoining kitchen, storage room, and access to an outdoor courtyard, providing flexibility for retail or professional use. The upper floors are configured identically, each hosting a studio of around 43 m² with a combined living and sleeping area, kitchen, and shower room, alongside a one-bedroom apartment of approximately 54 m² that includes a living room, dining area (often used as a second bedroom), kitchen, bedroom, and bathroom. Currently, all units are rented out under verbal agreements, offering immediate rental income. However, the property requires complete renovation, presenting an exciting project for investors with development ambitions. The building retains its original structure from 1925 and features two facades oriented to the south, with three floors above ground and cellars spanning the entire footprint. Inside, the units are equipped with single-glazed windows and gas heating systems, though all electrical installations do not meet current standards. The property also includes a garage and extensive cellar spaces, along with an attic and outdoor courtyard that enhance its functional possibilities. The property’s energy certificates point to a high primary energy consumption of 504 kWh/m²/year and CO2 emissions of 101, indicating room for efficiency improvements during renovation. Located in the heart of Schaarbeek, this property benefits from excellent connectivity and access to local amenities in a lively urban setting. Its prime location makes it suitable for both residential redevelopment or mixed-use investment strategies. The area’s dynamic atmosphere combined with the potential of this substantial building makes it an attractive proposition for developers or investors looking to add value through renovation. Interested parties are encouraged to contact Crescendimmo at Tel 02 660 50 50 for more information or to schedule a visit. This is a rare opportunity to acquire a sizeable property with multiple units in one of Brussels’s most active districts—don’t miss your chance to transform this building into a profitable asset.

* This text was generated using an artificial intelligence.

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