12-bed apartment, Gosselies

This apartment building for sale in Gosselies, located at Rue de Namur 54, offers a significant investment opportunity with a price of 499,000 €. Comprising a total living area of 620 m², the property includes 12 separate units featuring 12 bedrooms, 12 shower cabins, and 12 toilets. The building requires renovation and modernization, notably due to a past closure order related to fire safety concerns, meaning compliance updates will be necessary. Heating is provided by gas, and the windows are equipped with PVC double glazing. The roof is partly new with sandwich panels and partly tiled with an estimated age of about 15 years. The building is not currently furnished and has no lift access. Previously, the property generated an annual gross rent income of approximately 70,200 €, reflecting a gross yield near 10%. Presently, two units are vacant and need renovation work, indicating potential to increase rental returns after refurbishment. The energy performance certificate (EPC) ratings range between C and F, with specific EPC references available upon request. The cadastral income is listed at 2,238 €, and there are no VAT charges applicable to this sale. Although the building does not have an elevator, the three-floor apartment layout offers ample space distributed across multiple units, making it suitable for investors aiming to enhance rental income. Situated in the city of Gosselies within the postal code area 6041, this property benefits from a strategic location close to the town center. Prospective buyers should be aware of the renovation needs and associated investments required for bringing the building fully up to current safety standards. Interested parties are encouraged to contact the agent for further information or to arrange a visit by calling Tel 071/810.888 . Offers above the asking price may be considered; however, the agent holds no decision power regarding received offers. This building represents a promising project for investors looking to capitalize on rental income in this area of Belgium. * This text was generated using an artificial intelligence.