$494,986

The residential and commercial building from 1908 extends over a plot area of approx. 980 m² and offers a living area of approx. 295.71 m² and a commercial area of 175.81 m².The building was converted and modernized in 1964 to turn it into a residential and commercial building. Further conversions were carried out in 1994, 1999, 2010 and 2011 to expand the commercial part and create a new residential unit.The heating system was last replaced in 2018 to optimize energy consumption. The property presents itself as a versatile property with an interesting history and numerous development stages.The property is characterized by its central location, which provides good access to stores, restaurants and public transport. The mix of residential and commercial space offers a wide range of possible uses and is ideal for investors looking for a stable and profitable investment property.The annual rental income amounts to €33,180.00, which corresponds to a rental factor of 16.12. The house is currently fully let and therefore offers a solid return for investors.Overall, this property presents itself as an attractive investment opportunity with continuous rental income and potential for further growth. With the extensions and conversions as well as the central location, it offers a solid basis for long-term value appreciation. The condition of the property is partially in need of renovation and refurbishment and can therefore be further upgraded.Contact us for more information and arrange a viewing to see the benefits of this property for yourself.

Amenities

• Bedrooms: 0
• Full Bathrooms: 7
• Partial Bathrooms: 0
• Property Type: Other
• Home size: 3,182 ft² / 295.62 m²
• MLS: 24026045A
• Web ID: 33MKH3
• Status: Available