Investment Property with 4 Residential Units

Are you looking for an attractive investment property with an immediate return? Then this charming commercial building in a central location along Herentalsebaan is an excellent investment opportunity. The building is currently divided into 4 residential units and generates an annual rental income of approximately 39,400 to 40,000, representing a gross return of approximately 5.7%.

With a total living area of approximately 320 m² on a 240 m² lot, this property offers numerous possibilities for investors seeking a property that generates immediate returns. It may also be possible to expand it further, subject to obtaining the necessary permits.

Ground Floor

Living area:87 m²
EPC: 302 kWh/m²/year | Label D

• Entrance hall
• Living area
• Kitchen
• 2 bedrooms
• Bathroom
• Patio
• Garden

Condition: Needs some updating.

---

1st floor

Living area:58 m²
EPC: 205 kWh/m²/year | Label C

• Entryway
• Living area
• Kitchen
• 1 bedroom
• Bathroom

Condition: Needs some updating.

Mezzanine

The mezzanine currently belongs to the first-floor apartment and serves as a fully functional additional space. It is perfect for use as an office, hobby room, or storage area. Subject to obtaining the necessary zoning permits, there is the possibility to further optimize this space and potentially convert it into a studio.

---

2nd floor

Living area:58 m²
EPC: 212 kWh/m²/year | Label C

• Entrance Hall
• Living area
• Fully equipped kitchen
• 1 bedroom
• Bathroom

Condition: Move-in ready.

---

3rd floor

Living area: 58m²
EPC: 677 kWh/m²/year | Label F

• Entryway
• Living area
• Fully equipped kitchen
• 1 bedroom
• Office or bedroom
• Bathroom
• Laundry room

Condition: Needs renovation.

---

Investment

• Asking price: 698,000
• Annual rental income: approx. 39,400 to 40,000
• Gross yield: approx. 5.7%
• Total living area: approx. 320 m²
• Lot area: 240 m²

Key Features

• Investment property with 4 residential units
• Total living area of approx. 320 m²
• Lot size of 240 m²
• Single-story residential unit with terrace and garden
• 5 bedrooms
• Separate kitchens and bathrooms
• Central location near shops, schools, public transportation, and major access roads
• Attractive rental income with a gross yield of approximately 5.7%
• Potential for further optimization of the mezzanine level, subject to obtaining the necessary zoning permits

This income property combines immediate rental income with an attractive location and a compelling return. An excellent opportunity for both private and professional investors seeking a profitable property with additional potential.