Land + house in Esch-sur-Alzette
€3,800,000Discover the interest generated by this listing and the average price per m² in this area
Description
IMMO NAM is offering an existing investment real estate portfolio located in Esch-sur-Alzette, consisting of three buildings. This property complex offers a balanced combination of existing rental income and development potential. Thanks to its layout and opportunities for optimization, it represents an attractive opportunity for investors seeking a long-term investment. Located in a vibrant neighborhood of Esch-sur-Alzette at 22-24 rue Jean-Pierre Bausch, this project benefits from a sought-after location and offers a good balance between current rental yield and long-term appreciation potential. This complex represents a rare opportunity for investors seeking an asset that offers both existing rental income and significant appreciation potential. 1) Building No. 22, this building currently comprises: 2 apartments already rented: 1 apartment at €1,850/month 1 apartment at €1,750/month Current rental income: €3,600/month A commercial space, currently vacant, offering additional rental potential. 2) Building No. 24 The building consists of: 1 studio 4 apartments 3 duplexes Total monthly rent: €11,950 IMPORTANT 3) Building At the rear is an existing annex. This annex has received approval from the municipality of Esch-sur-Alzette to create 20 studio apartments for rental. Renovation and fit-out work will be required before they can be rented out. The units are currently vacant. The property complex has an estimated total rental income potential of €15,550 per month once all units are occupied. Sale price for the entire property: €3,800,000. This project represents an investment opportunity combining existing rental income, development potential, and long-term appreciation, in the heart of a dynamic area of Esch-sur-Alzette. For more information or to schedule a tour, contact IMMO NAM *** *** Merisa ***
Ref atHome 9259727
Ref Agency 474
Characteristics
Internet
GiGA internet: internet at home
Get 3 months of free internet with the code ATHOME26 on Luxembourg’s fastest network.
In partnership with
Move without any stress
You can benefit from these services for a stress-free move.
Estimate your moving costs
Select your internet offer
Kitchens & furniture for your new home