Investment property in public sale - Namur (Province)

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Start bidding as of 150 000 €

5300 Andenne

Discover a promising investment opportunity in the heart of Andenne with this multi-family property listed at €150,000. This building comprises three separate units, each offering a unique layout and character, making it an ideal choice for investors seeking rental income or future redevelopment potential. The property is currently in need of renovation, providing a blank canvas to enhance its value and tailor it to modern standards. The building’s structure includes a ground-floor apartment, a first-floor unit, and a second-floor residence, each with their own entrance and amenities. The ground-floor apartment (n°73A) features a private entrance, a spacious living room with a kitchenette, one bedroom, and a bathroom with WC, covering approximately 59 square meters. The first-floor apartment (n°73B) boasts a hall with shared access, a living room, a separate kitchen, two bedrooms, a bathroom with WC, and a wooden terrace, totaling around 58 square meters. The second-floor unit (n°73C) offers an entrance hall, a living room with a kitchenette, one bedroom, a bathroom, a storage room, and a mezzanine, spanning approximately 57 square meters. Additionally, the basement includes a cellar. Each unit benefits from individual water and energy meters, with central gas heating providing efficient warmth throughout the building. The property’s current annual rental income is €1,710, offering immediate cash flow potential for the savvy investor. Located at Avenue Roi Albert 73 in Andenne, this property is situated in a central position with excellent accessibility and proximity to local amenities. The building’s condition is marked as “to be renovated,” which offers substantial upside for investors eager to increase its value through refurbishment. With three bedrooms distributed across the units and a total living space of approximately 174 square meters, the property provides flexible accommodation options for tenants or future owners. The building is not situated in an overexposure zone and is equipped with double-glazed windows alongside gas heating, ensuring energy efficiency once upgraded. The sale process is set to commence on April 14th, 2026, with bidding concluding on April 22nd of the same year; visits are available by appointment through the estate agency. This investment combines the appeal of a central location in Andenne with the potential for growth and value enhancement—an excellent opportunity for both seasoned investors and newcomers seeking to establish themselves in the Belgian real estate market. Don’t miss out on this chance to acquire a versatile property in one of Andenne’s most accessible areas. Contact us today to arrange a viewing or to obtain further details about this exciting investment prospect. Want to know more?

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