Schaerbeek: Excellently located investment property, total +/- 370m² built-up area, on a plot of 2a 10ca, consisting of 4 living levels (ground floor, 1st, 2nd and 3rd floor + basement), and according to the service area known as 3 flats (duplex flat on the ground and 1st floor, a flat on the 2nd floor and a flat on the 3rd floor). Currently, the 1st, 2nd and 3rd floors are rented out. The ground floor was temporarily split off from the 1st floor and used by the owner until recently occupied but is now available and free of use.
The layout is as follows:
Ground floor (+/- 115m²): a central entrance/trap hall (12m²), a separate office/room (9m²), a garage (16.5m²), a living area (24.5m²), a bathroom (4m²), a kitchen (9m²), a sleeping area (10m²), a garden (+/- 95m²) and a (currently closed) private staircase to the 1st floor. The ground floor needs further renovation.
The flats (+/- 85m²) on the 1st, 2nd and 3rd floors are almost identical in terms of layout: an entrance hall, a living/dining area (30m²), a bathroom (4.5m²), a fitted kitchen (10.5m²), one large bedroom (19.5m²), a terrace (3m², only on the 2nd and 3rd floors). The flats on the 1st and 2nd floors were recently renovated.
Basement: 7 separate cellars. Each flat has its private cellar. The remaining 4 cellars currently belong to the ground floor.
The 1st, 2nd and 3rd floors are currently rented at € 980 (incl. € 120 water/gas/electricity consumption), € 843 and € 719 respectively, making a total of € 2,422. Provided the ground floor is let, an income of +/- € 3,200/month is possible (and thus a gross return in the order of 4.5 to 4.75%).
In short, an interesting investment opportunity.
The layout is as follows:
Ground floor (+/- 115m²): a central entrance/trap hall (12m²), a separate office/room (9m²), a garage (16.5m²), a living area (24.5m²), a bathroom (4m²), a kitchen (9m²), a sleeping area (10m²), a garden (+/- 95m²) and a (currently closed) private staircase to the 1st floor. The ground floor needs further renovation.
The flats (+/- 85m²) on the 1st, 2nd and 3rd floors are almost identical in terms of layout: an entrance hall, a living/dining area (30m²), a bathroom (4.5m²), a fitted kitchen (10.5m²), one large bedroom (19.5m²), a terrace (3m², only on the 2nd and 3rd floors). The flats on the 1st and 2nd floors were recently renovated.
Basement: 7 separate cellars. Each flat has its private cellar. The remaining 4 cellars currently belong to the ground floor.
The 1st, 2nd and 3rd floors are currently rented at € 980 (incl. € 120 water/gas/electricity consumption), € 843 and € 719 respectively, making a total of € 2,422. Provided the ground floor is let, an income of +/- € 3,200/month is possible (and thus a gross return in the order of 4.5 to 4.75%).
In short, an interesting investment opportunity.