Genk
1.100.000

Renovated Block of Apartments With 7 Rented Apartments!

Renovated apartment building with 7 rented apartments!

Gross return: 4.5%

At the request of the owner and out of respect for the privacy of the tenants, we are happy to welcome you in our office for further information. Thank you for your understanding.

PROPERTY FEATURES:

Overview:
- 7 apartments.
- Renovations in 2019: Exterior renovation, central heating installation, roof insulation, double glazing, individual meters, renovated kitchens.
- Each apartment has a private parking space and an own underground storage room.
- Low communal maintenance costs; no elevator.

Cellar:
Storage rooms.

Ground floor:
3 apartments with balcony.

First floor:
3 apartments with balcony.

Second floor:
Penthouse apartment.


CURRENT RENTAL VALUE: € 50.000,- per year (with possibility of indexation).
GROSS RETURN: 4.5%

Address Details

Address 3600 Genk

Financial information

price excl. cost € 1.100.000
registration fees apply Yes
cadastral income € 5.181

Technical information

year of construction 1969
year of renovation 2019
plot size 1.300 m²
garden orientation North West
parking spaces 7
insulation Yes
extra Intercom
Fire detection
Cellar

Spatial planning

planning permission granted Yes
most recent destination Living zone
subpoenas issued No
pre-emption rights applicable No
subdevision permit granted No
Easement No

Flood-prone Areas

O-level Not located in flood area

Heritage

Listed heritage No
Conservation heritage No