INCOME PROPERTY FOR SALE—PRIME LOCATION—EXCELLENT RENTAL POT

Description

An exceptional investment opportunity in the heart of the prestigious Quartier Royal, on one of the most sought-after streets in downtown Brussels. This mixed-use investment property offers a net living area of 670 m² (840 m² including basements and common areas) and consists of 6 residential units as well as a spacious retail space on the ground floor. The building is in excellent overall condition, enjoys remarkable visibility, and is situated in a first-rate commercial environment. The property is configured as follows: ·Ground floor: a retail space of 226.97 m² net, currently leased for 4,500 per month. ·Apartment 1: a 1-bedroom apartment with a net area of 53.54 m². ·Apartment 2: a 3-bedroom duplex with a net area of 152.38 m². ·Apartment 3: a 1-bedroom apartment with a net area of 36.69 m². ·Apartment 4: 1-bedroom apartment with a net floor area of 34.69 m². ·Apartment 5: 2-bedroom apartment with a net floor area of 62.30 m². ·Apartment 6: 2-bedroom apartment with a net floor area of 64.60 m². Each apartment features a private terrace at the rear of the building, with no direct view from neighboring units, offering a particularly pleasant living environment in the heart of the city. The units feature elegant hardwood floors, high ceilings, fully equipped kitchens, and are tastefully furnished throughout. The apartments are currently vacant, allowing the buyer to immediately maximize rental income. The building is equipped with an elevator and very large storage units. All units are approved by the city planning department and comply with current regulations. Rental Income ·Estimated net annual rental income: 180,000/year. ·Currently leased retail space: 54,000/year. The property offers the following additional advantages: ·AAA commercial location. ·High foot traffic. ·Prestigious shopping district. ·Beautiful, wide storefront. ·Large usable floor space. ·Elevator. ·Very large storage rooms. ·No common area fees. ·No homeowners’ association. ·Individual meters (water, gas, and electricity). ·Electrical inspection up to code. ·Individual gas boilers. ·Excellent overall condition. ·High commercial appeal due to the immediate proximity of retail chains and institutions that generate significant foot traffic. Additional Information ·Heating: individual gas boilers. ·Meters: individual water, gas, and electricity meters. ·Electrical inspection: compliant. ·Zoning status: compliant; all units approved. ·Legal status: mixed-use building comprising