4-bed investment property, Antwerp

Income Property with Development Potential – Klamperstraat 20, Antwerp . This income property, located at Klamperstraat 20 in Antwerp, offers an attractive investment opportunity for real estate investors and developers seeking a property that provides both existing rental income and significant development potential. The building has a total area of approximately 260 m² and comprises two apartments, each with two bedrooms, as well as a café on the ground floor. This combination of residential and commercial real estate offers opportunities for a diversified rental portfolio. The two apartments are currently leased at €800 per month per apartment, resulting in existing rental income of €1,600 per month, excluding any income from the café. A key advantage of this property is the permit already granted by the City of Antwerp to build a rooftop terrace. This approved permit provides an attractive foundation for further developing the building and increasing its rental potential, subject to the conditions of the permit. The property is currently in a condition that requires a thorough to complete renovation. This offers the future owner the opportunity to renovate the building according to their own vision, optimize the layout and finishes, and strengthen its long-term rental potential. Key features of the property: - Total area of approximately 260 m². - Two apartments, each with two bedrooms. - Café on the ground floor. - Existing rental income from the two apartments. - Approved permit for a rooftop terrace. - Attractive development potential following a thorough renovation. Asking price of €599,000. An opportunity for those seeking an investment property with existing income and the potential to create additional value through renovation and expansion.