Description
Investment property in the heart of Arlon - Rare opportunity (Rue des Martyrs)!
Felice CAPRARO Immobilière and et Fabian CRISTINA is pleased to offer for sale a stone building with character, ideally located in the center of Arlon, a stone's throw from shops, schools, public transport and the station.
Composition of the building:
Apartment 0D: 1 bedroom - 77 m² - EPB: C 13,870 kWh/year - 179 kWh/m2.an - Electrical report not in compliance
Apartment 0G: 1 bedroom - 55 m² - GEP: C 9,455 kWh/year - 173 kWh/m2.year - Electrical report non-conforming
Apartment 1D: 2 bedrooms - 112 m² - GRP: D 29,030 kWh/year - 259 kWh/m2.year - Electrical report compliant
Apartment 1G: 1 bedroom - 56 m² - GRP: C 12,075 kWh/year - 214 kWh/m2.year - Electrical report non compliant
Apartment 2D: 1 bedroom - 76 m² - GRP: D 24,831 kWh/year - 327 kWh/m2.year - Electrical report compliant
Studio 2G: 51 m² - currently vacant - GRP: D 13,450 kWh/year - 263 kWh/m2.year - Electrical report compliant
Heating: town gas
Gross floor area: 500 sq.m
Net area: 430 sq.m
Profitability and potential
Current rents: €3,085/month (studio not rented)
Estimate after optimization: €5,500 to €6,000/month
Cadastral income: €1,995 net / €3,807 indexed
Investment advantage: the vacant studio will immediately increase yield once rented.
Condition:
Some apartments need updating
Electricity: 3 apartments with compliant reports, 3 non-compliant
Strengths:
Central, sought-after location
Strong rental demand in Arlon
Old-world charm combined with modern comfort after renovation
Contact & information E-mail: Fabian.cristina@fcimmo.lu Phone: +352 661 866 266
IPI : 515973
