Discover a remarkable investment opportunity in the vibrant city of Sint-Jans-Molenbeek with this diverse property portfolio. Located at Ourthestraat 36-38, this complex encompasses multiple buildings with a rich architectural character and promising income potential. The property features a total ground surface of 560 m², situated on a west-facing frontage with two façades and three floors, offering a versatile mix of residential units and rental income streams. The entire estate includes a renovated house from 1918, divided into several functional spaces, including four student bedrooms, four lofts, and four apartments, all in varying states of maintenance but in good overall condition. Notably, the property benefits from essential connections such as gas, water, and electricity, although it currently lacks a certificate for the electrical installation, which may require attention. The presence of 12 bathrooms and toilets, along with a terrace, further enhances its appeal, making it suitable for investors seeking a multi-faceted development or rental project. The property is offered as a share deal, with ownership transferred through share transfer, providing an efficient structure for investment or redevelopment initiatives. The existing rental yields are substantial, with monthly income from the lofts totaling €4,072.71, student rooms generating €1,257.28, and the residential apartments bringing in €3,415.45. These figures highlight the established cash flow and potential for future growth, especially considering the buildings’ strategic location within an energetic urban environment. The buildings have been gradually renovated over the years, with the house at number 36 having undergone refurbishment in 2000, though it now requires some updates to meet current standards. This mix of historic charm and investment viability makes it an attractive proposition for project developers, investors, or co-housing initiatives. Whether you are looking to expand your real estate portfolio or develop a dynamic community project, this property in Sint-Jans-Molenbeek offers significant possibilities. Its excellent location, combined with the size and diversity of the units, provides flexibility for various uses. Investors can leverage its existing income streams while planning future enhancements or redevelopment to maximize value. For further information or to schedule an on-site visit, contact us at
Tel 02 460 80 46 or via email at
Contact . Don't miss this exceptional opportunity to acquire a multifaceted property in one of Brussels' most vibrant districts—the perfect foundation for your next real estate project.
* This text was generated using an artificial intelligence.
Open Immovlan