This investment property for sale at Steenstraat 25 in Roeselare, priced at €714,500, presents a solid opportunity for investors seeking immediate rental income combined with attractive yield potential. Constructed in 1976, this multi-unit building comprises five residential units and two enclosed garage boxes, offering a diversified rental portfolio. The property features a total of eight bedrooms and five bathrooms across the various units, with double glazing throughout and an elevator providing easy access to upper floors. The total land area is 125 m², and the building benefits from necessary utility connections including electricity and water. The energy performance certificate rates the property with a specific primary energy consumption of 384 kWh/m² per year, valid until July 2030. Currently, four out of the seven entities are rented, generating a monthly rental income of €1,623, which amounts to €19,476 annually. These rented units include a ground floor apartment of approximately 69 m² leased for €725 per month, a first-floor apartment of around 70 m² with terrace leased for €730 per month, and two garage boxes rented respectively for €81 and €87 monthly. Three remaining units – a second-floor apartment of 70 m² with terrace, and two studios on the first and second floor each about 40 m² with terraces – are currently vacant and ready for lease. When fully rented, the property could yield an estimated total monthly rental income of approximately €3,500 or €42,000 per year, corresponding to a potential gross annual rental yield close to 5.9%, possibly reaching up to 6%. Located in the vibrant center of Roeselare, this residential building benefits from a prime urban setting where shops, schools, public transport, dining options, and everyday amenities are all within walking distance. The property's location ensures sustained demand on the rental market, making it an attractive proposition for investors looking for both steady cash flow and future value appreciation. With its well-diversified rental units and the potential for further yield optimization, this investment stands out as an appealing asset in the local real estate market. For more information or to arrange a visit, interested parties are encouraged to contact Diksimmo via phone at
Tel 051 50 11 51 or by email at
Contact .
* This text was generated using an artificial intelligence.