Investment property for sale - Mechelen RBS98272

Located on IJzerenveld in Mechelen, this investment property offers a prime opportunity for those seeking a rental income with potential for future development. The property currently houses five residential units with individual meters and includes two ground floor apartments, each featuring spacious outdoor terraces. One of these is a one-bedroom unit, while the other offers two bedrooms. On the first floor, there is a studio and another two-bedroom apartment. The second floor encompasses a large one-bedroom apartment, which requires renovation to meet energy standards within five years post-purchase, aiming for a minimum EPC label D. The property's electrical installations are compliant, and recent upgrades between 2017 and 2022 include renovated windows and gas condensing boilers across all units. Spanning 329 square meters of living space, the property is set on a plot of 285 square meters. It features a shared entrance hall, a communal garage for secure bicycle storage, and waste sorting facilities. The northwest-oriented garden further complements its appeal. Notably, the property is free of asbestos and benefits from an ideal location on the edge of Mechelen. It is conveniently close to shops, dining options, schools, and public transport, all within walking or cycling distance. Moreover, it boasts excellent accessibility to major roads, particularly the E19 motorway towards Antwerp or Brussels. Built in 1942, this property comes with a cadastral income of €2,183 and is offered at €530,000. It has five bathrooms and five toilets spread across its three floors, offering ample amenities for residents. The property's urban zoning designation is residential, with no flood risk indicated. This listing represents a compelling investment opportunity with promising returns in a well-connected urban area. For more details or to arrange a viewing, interested parties can contact the provided number or visit the Boonstra Vastgoed website for further information.

* This text was generated using an artificial intelligence.

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