Investment building in Esch-sur-Alzette

EXCEPTIONAL INVESTMENT ? FULLY RENOVATED RENTAL RESIDENCE 34, rue Arthur Useldinger - L-4351 Esch-sur-Alzette (Lallange) A rare opportunity in Luxembourg ? Fully rented residence with strong potential for appreciation. HOUSE FOR YOU is pleased to present this beautiful fully renovated rental residence, ideally located in the sought-after Lallange neighborhood of Esch-sur-Alzette. Intended for investors searching for a quality real estate asset, this residence offers an ideal combination of immediate rental income, optimization potential, and excellent prospects for heritage valuation. Key Figures - Total living area: +/- 336 m² - 3 registered apartments - 1 independent furnished studio - Private garden: 100.63 m² - 3 closed garages - 3 outdoor parking spaces - 3 private cellars - Energy class: F / F - Fully renovated residence An investment that is immediately profitable The residence is fully rented, ensuring income from the signature of the authentic deed. - Current rental income - Monthly income: €9,400 - Annual income: €112,800 Optimization potential A gradual rental rate reevaluation allows for: - Monthly rental income of up to €12,350 - Annual income of up to €148,200 - Potential gross yield: up to 5.7%. This evolution presents an interesting opportunity to improve yield for the future buyer, subject to applicable legal provisions and rental management in place. A strategic location Located in a rapidly evolving neighborhood, the residence enjoys a particularly attractive environment, in immediate proximity to: - Cactus Lallange shopping center, Belval Plaza, Schools, high schools and nurseries, Nearby shops, Technical control, Public transport, Quick access to major highways The area will also benefit from two major projects: - The upcoming arrival of the tram line, The construction of the future CHEM hospital. These developments will further enhance the attractiveness and heritage value of the neighborhood. Composition of the residence Ground floor: - Entrance hall - 3 cellars - Laundry room - Technical room (gas boiler) - 3 garages - 3 outdoor parking spaces - Private garden 1st floor apartment ? +/-93.04 m² - Entrance hall - Equipped kitchen open to a large living room - Terrace with access to the private garden - 3 bedrooms - Laundry room - Bathroom - Shower room 2nd floor apartment ? +/-93.06 m² - Entrance hall - Equipped kitchen open to the living room - Balcony - 3 bedrooms - Laundry room - Bathroom - Shower room 3rd floor apartment ? +/-92.06 m² - Entrance hall - Equipped kitchen open to the living room - Balcony - 2 bedrooms - Laundry room - Bathroom - Shower room Attic studio ? +/-57.72 m² - Entrance hall - Kitchen open to the living room - Sleeping area - Shower room Highlights - Fully renovated residence - Fully rented building - Immediate rental income - Potential gross yield of up to 5.7% - Three registered apartments and one independent studio - Private garden of 100.63 m² - Three garages and three parking spaces - Neighborhood with high development potential - Secured heritage investment Additional Information Exterior photographs, additional interior photographs, floor plans of the residence, as well as detailed rental information will be provided to serious buyers upon request. The agency fees are entirely borne by the seller. For any further information or to arrange a private viewing, HOUSE FOR YOU is at your complete disposal.