Investment building in Esch-sur-Alzette
€1,425,000Discover the interest generated by this listing and the average price per m² in this area
Description
Valeur Real Estate offers you this character building ideally located in the heart of Esch-sur-Alzette, in immediate proximity to all amenities. Benefiting from a strategic location in the city center, this property enjoys direct access to shops, restaurants, schools, public transport, highways, and all essential services. A sought-after location offering both comfort of life and excellent rental attractiveness. This mixed-use building represents a rare opportunity for investors or professionals wishing to combine professional activity with residential yield. Current composition: Ground floor: fully operational medical office 98m2 - Entrance hall - Waiting room - Office 1 - Office 2 - Office 3 - Office 4 - Gym - Separate WC - Corridor 1st floor 60m2: - Night hall - Bedroom 1 - Bedroom 2 - Bedroom 3 - Shower room - Storage 2nd floor: - Night hall - Bedroom 4 - Bedroom 5 - Bedroom 6 - Shower room 2 - Storage 3rd floor: - Night hall - Bedroom 7 - Bedroom 8 - Bedroom 9 4th floor: Attic Upper floors: 9 bedrooms currently rented out Estimated rental potential: Up to €7,750 in monthly income (One floor is currently vacant following the recent departure of tenants. No new lease has been signed to facilitate future renovations.) Envisioned transformation project: Ground floor: maintain the medical office 1st floor: 2-bedroom apartment 2nd floor: 2-bedroom apartment 3rd + 4th floor: 3-bedroom duplex This project would create several modern housing units in a highly demanded rental area. Works and renovations already completed: Significant works have been carried out over the years: 2017: complete transformation and renovation of the medical office 2017: renovation of the roofing of the extension 2019: facade renovation 2020: installation of 9 new windows (residential part) 2021: new boiler 2025: complete replacement of the plumbing in the basement Highlights: Exceptional central location in Esch-sur-Alzette Strong rental demand in the area Immediate income and optimization potential Building with a defined appreciation project Numerous technical works already completed Immediate proximity to transport, shops, schools, and services For more information or to arrange a visit, contact Valeur Real Estate now.
Ref atHome 9124191
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