Investment property, Ixelles

Ixelles: 4-unit investment property ideally located in one of the municipality’s most sought-after areas, near Châtelain, Avenue Louise, shops, restaurants and public transport. Built between 1870 and 1880, the building comprises 4 renovated apartments in good overall condition and a converted mezzanine level. Gross rental yield of nearly 4.5%, excluding the mezzanine level. Property layout: Basement: Two adjoining rooms with conversion potential, which could be connected to the ground floor, a wine cellar and two additional cellars. Ground floor: One-bedroom apartment of 88 m² (gross EPC area), spacious southeast-facing courtyard of ± 45 m². EPC G. Rented for €1,250/month. Mezzanine level: ± 15 m² converted into a studio with kitchen and shower room. 1st floor: One-bedroom apartment of 56 m² (gross EPC area), southeast-facing terrace of ± 12 m². EPC E. Rented for €1,250/month. 2nd floor: One-bedroom apartment of 56 m² (gross EPC area), front balcony. EPC E. Rented for €1,250/month. 3rd floor + attic: One-bedroom apartment with office, ± 70 m² (gross area). EPC F. Rented for €1,050/month. Key features: gross rental yield of nearly 4.5%, excluding the mezzanine level 4 renovated apartments in good overall condition southeast-facing outdoor spaces potential in the basement and mezzanine lev