Investment building in Luxembourg-Eich
€1,150,000Discover the interest generated by this listing and the average price per m² in this area
Description
RE/MAX Real Estate Solutions, your real estate expert in Eich, and Jonathan PACE **************@********* ***) are proud to present for sale this prime investment opportunity in Luxembourg-Eich. Situated in the heart of Luxembourg-Eich, this four-story investment property offers a fantastic blend of residential and commercial space. With a built footprint of approximately 60m² per full floor and a total living area of around 200m², this building presents substantial rental opportunities. Inside, you'll find 7 bedrooms ranging from 10m² to 28m², 2 kitchens, 2 shower rooms, and separate toilets, making it a prime candidate for multi-unit rental income. The ground floor is occupied by a 55m² restaurant, complete with toilets and a storage area, ensuring a strong commercial presence. Currently, 3 units are rented, while the remaining spaces are vacant, unlocking a total rental potential of approximately €5,500/month. The property requires renovation works, offering investors the chance to modernize, rebuild, or reconfigure to optimize returns. Key Features: Central Location: Across from the Eich clinic, within walking distance to City Centre, Kirchberg, railway station, pharmacy, restaurants, schools, and amenities. Excellent Connectivity: Just 10 minutes from the airport, with convenient access to public transport and major roads. Natural Charm: Short walking distance to the nearby forest, offering a peaceful escape. Dual Access: Front entrance on rue dEich, with rear access via rue des Grottes. Spacious Parking: A large carport on the quiet back road ensures ample parking space. Gas heating: Two separate heating systems, serving the commercial and residential units. Outdoor Comfort: Includes a small terrace/garden for added relaxation. Structural Character: Features wooden flooring and framework, adding to its charm. Ready for Transformation: The building requires significant renovations or could be redeveloped entirely to suit modern needs. Located in a HAB-2 zone, this property offers an exceptional investment opportunity for developers, landlords, and entrepreneurs looking to establish themselves in a high-demand area. Available immediately! Agency fees are to be covered by the seller. Dont miss this rare chance to turn potential into profit!
Ref atHome 8572055
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