Investment Property with attractive returns in Blankenberge

Description

A rare opportunity for investors awaits at Limburg Stirumstraat 3, located in the vibrant centre of Blankenberge. This promising income property is a solid investment opportunity, conveniently situated close to essential shops, the harbour and with easy access to public transport. The building is cleverly divided into four separate units, all currently rented on one-year leases. The ground floor houses a practical studio with its own shower room, while the three upper apartments are consistent in their layout. Each unit has a separate toilet, a cozy living room with open kitchen and a comfortable bedroom with shower room. The apartment on the second floor was recently renovated and the bathroom underwent a complete overhaul. Important note: the roof was completely renewed with new insulation and EPDM waterproofing. This income property offers not only immediate availability but also a considerable yield of approximately 5.5%. This healthy investment opportunity is ideal for those seeking a stable income stream. With current one-year rental contracts, the property provides a reliable source of passive income. Investors will appreciate the attractive aspects of this property, where the steady rental income and immediate availability invite you to reap the benefits of this opportunity in the centre of Blankenberge. EPC GF: 399 kWh/m2/year - UC 3032398-RES EPC APT 1: 317 kWh/m2/year - UC 3037872-RES EPC APT 2: 320 kWh/m2/year - UC 3034658-RES EPC APT 3: 345 kWh/m2/year - UC…