Investment property for sale
4000 Glain
This investment property for sale is located in Glain at Rue Mississipi 16, offered at the price of €275,000. The building consists of three apartments, each featuring one bedroom, with a total living space around 55 m² per unit according to the available data. The ground floor apartment is currently undergoing refurbishment and includes a small private terrace of approximately 6 m², while the upper floors also house one-bedroom apartments. Additionally, the property contains a basement cellar area of about 30 m² and a local on the third floor which is currently being developed. Each apartment is equipped with a living room, a fitted kitchen, and a shower room, complemented by individual gas heating systems with separate meters for gas, electricity, and water. The property stands on a plot measuring approximately 76 m² with two facades and a terrace that enhances outdoor living possibilities for residents. The energy performance certificate shows varying ratings with two apartments classified as category B and one as F, and specific primary energy consumption at 429 kWh/m²/year with a CO2 emission rate of 79. Presently, two out of the three apartments are rented, generating a total monthly rental income of €950 excluding charges. It’s important to note that the property is sold as-is without warranty regarding fire safety or urban planning compliance. Situated in Glain, this building offers a promising investment opportunity given its multi-unit layout and rentable spaces. Its location benefits those seeking proximity to local amenities and infrastructure within this part of Belgium. Interested parties are encouraged to contact the agent for further information and to explore the possibilities this property presents. This offering holds significant potential for investors looking to acquire a multi-family asset in Glain at a competitive price point.