Commercial for sale in Avelgem with 24 bedrooms

€1,200,000
CEPCC
24
Description

Investment building with 11 rental entities

Investment property, consisting of 11 rental units (9 apartments, with terraces and 2 commercial spaces). The property offers a net yield of 4.23%, which can be further optimized. The building contains 2 stairwells, each with elevator, where one building dates from 1984 (elevator has just been modernized), while the other building part dates from 2005. There is no arrears in rent payments at present (02/2025).Yield calculation and additional photos available upon request.

Financial

Cadastral income
9.237 €
Cadastral info
0799/00P000

Building

Type of property
Commercial
Type of roof
Gable roof
Type of buildings
Closed

Terrain

Most recent urban destination
Residential area

Layout

Number of bedrooms
24
Type of kitchen
Partially installed
Terrace
Yes

Comfort

Lift
Yes

Energy

EPC score (kWh/(m² years))
290
EPC label
C
Type of glazing
Double glazing

Urban planning

Cadastral plan
Yes
Summons
In request
Building permit
Yes

Location

Kerkstraat 23, 8580 Avelgem

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