Apartment building

Are you looking for a unique investment property in the center of Mol? If so, this income-generating property at Rozenberg 154-158—consisting of 13 one-bedroom apartments, 2 studios, and 4 separate garages—is a particularly attractive opportunity.

The location is a major asset. The property is within walking distance of downtown Mol and the train station. Shops, restaurants, public transportation, and other daily amenities are located in the immediate vicinity, making this location particularly attractive for rental purposes.

The 15 residential units and 4 garages are housed in 2 buildings and also feature separate storage rooms and a shared garden. One garage is used for the residents’ shared purposes, while the remaining 3 garages are rented out separately.

All 15 residential units and the 3 rentable garages are currently leased. The total rental income currently amounts to 9,795.37 per month, including passed-through utility costs. On an annual basis, this amounts to approximately 117,500 in rental income.

After deducting annual expenses for electricity, gas, water, and other utilities, the estimated net income is approximately 90,000 per year. Based on current rental income, the rental yield is approximately 7.25%.

In most residential units, the kitchens have been renovated and shower stalls installed over the years. Each apartment and studio also features double-glazed PVC windows. The central heating system runs on gas, and the boilers have also been upgraded in recent years.

A major advantage is that there is no property manager or co-ownership association, keeping the management structure simple and cost-effective.

Of the 15 residential units, 11 were photographed.

Additional advantages:

• 15 residential units and 3 rentable garages, all fully leased
• Total rental income of approximately 117,500 per year, including passed-through utility costs
• Estimated net income of approximately 90,000 per year after deducting electricity, gas, and water
• Rental yield of approximately 7.25%
• Central location in Mol
• Within walking distance of the train station and downtown
• Shared garden
• Separate storage units
• Renovated kitchens in most units
• Double-glazed PVC windows
• No property manager or co-ownership

If you would like more information about this investment property, please don’t hesitate to contact us at 011/57.23.16 or via info@groepaathos.be.