Investment property for sale - Aalst RBT25704
Sint Jobstraat 193 9300 Aalst
1 350 000 €
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Description
Located on the outskirts of Aalst, this investment property at Sint Jobstraat 193 offers a prime opportunity for real estate investors. Featuring 14 individual studio apartments, each unit comes equipped with a living area, kitchenette, and a bedroom with a shower. The property is conveniently situated within walking distance of the city center and close to various amenities such as dining establishments, the E40 highway, and public transportation. This makes it an ideal location for tenants seeking easy access to urban conveniences while enjoying a more suburban setting. The building is designed over three floors, with studios accessible via an exterior steel staircase at the rear. The communal terrace allows residents to store bicycles, place large waste bins, or use the space for leisure activities like BBQs. Each studio has its own utility connections, including gas, electricity, and water, ensuring independent living for all occupants. Monthly rental returns vary per unit, with potential for increased revenue following the renovation and re-letting of Studio 4. With ongoing renovations aimed at resolving both structural and administrative issues, the property promises a hassle-free investment. The gross annual yield is estimated at 5.92%, with a net yield of 4.72% calculated on an 11-month rental period. As part of the urban residential zone, no flood risk is associated with the property. For more information or to schedule a viewing, interested parties are encouraged to contact Mikhail at Immo Zone.
* This text was generated using an artificial intelligence.
Show all Show lessFinancial details
- Price: 1 350 000 €
- VAT: No
Services
More information
General info
State of the property
To be renovated
Currently leased
No
Interior description
Number of bedrooms
14
Cellar
No
Veranda
No
Diningroom
No
Dressing
No
Wash room
No
Bike storage
No
Kitchen and bathrooms
Number of bathrooms
14
Number of toilets
14
Heating and energy
Type of heating
Gas
Equipment
Elevator
No
Outdoor description
Number of facades
3
Number of floors
3
Terrace
Yes
Gas
Yes
Electricity
Yes
Running water
Yes
Certificates and Compliance
EPC/PEB reference
14 EPC's, zie tekst
Certification - Electrical installation
Not applicable
Town planning and environmental risks
Building permission granted
Yes
Planning permission granted
No
Preemption right
No
Certification "As-Build"
No
Urbanism affectation
Residential zone (residential, urban)
Flooding Area type
no flooding area
Demarcated flooding area
(information not available)
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