Investment property for sale - Merksem RBU73903

Discover a prime investment opportunity in the vibrant area of Merksem with this versatile property located at Groenendaallaan 26. Priced at €519,000, this multi-unit building presents a compelling prospect for investors seeking a reliable income stream and potential for growth. The property encompasses three distinct apartments, each currently rented and generating steady rental income. The ground floor apartment has been leased since March 2019 at €836.36 plus €35 per month, while the first and second-floor units have been occupied since November 2025 and May 2022 respectively, with monthly rents of €900 plus €70 and €788.85 plus €40. These tenants provide immediate cash flow, making this an attractive proposition for seasoned investors or those looking to expand their portfolio. Set within a highly accessible and well-connected part of Merksem, this property benefits from a central location close to essential amenities and public transportation. Residents and tenants can enjoy proximity to schools, shops, restaurants, sports facilities, and various leisure options—all within walking distance. The excellent connectivity to surrounding municipalities ensures ease of commute and accessibility, enhancing the desirability of this location for tenants and future residents alike. The property features a total land area of 234 m² with a buildable surface of approximately 102 m², offering potential for future developments or renovations. Its structural condition is described as "to be renovated," providing a blank canvas for upgrading to meet modern standards or expanding its rental capacity. The building itself is well-maintained, with notable energy efficiency features such as 12 cm roof insulation and favorable EPC scores across all units—ranging from 264 to 275 kWh/m²/year. It is equipped with individual gas heating (condensing boiler), water supply via shared connections, and adheres to safety standards with a compliant electrical installation certificate. The property is free from asbestos and includes a cellar, further adding to its practical appeal. Situated in a residential zone with a non-flood-prone setting, it is an ideal asset for those seeking a secure, income-generating property in a thriving neighborhood. With immediate availability and no ongoing VAT charges, this property offers an excellent investment opportunity—contact us today to explore how this asset can benefit your portfolio.

* This text was generated using an artificial intelligence.

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