2, rue Astrid

L-1143 Luxembourg-Belair

+352 621 351 455

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Esch-sur-Alzette

Investment property to sale

980 000 €

detailed description
Esch sur Alzette - Centre, investment property for sale.The building built in 1920, was partially renovated in 2008. It has a commercial surface of ​​120 m2 on the ground floor and 3 apartments with 1 bedroom +/- 55 m2 on 3 floors above. The apartments each have a bedroom, a kitchen, a shower room, a living room and  a laundry space in the laundry room.The commercial space has being used as a coffee bar but is suitable for any other business. Interiors and common spaces (sanitation, and electricity) have been renovated. The roof is in good condition. The counters are still common. The vertical cadastre has been done for rent, not for sale. No garage or parking space. Cellar space is available over the entire surface.The building is located 2 minutes from the central station. Typical of building of the 1920's, it has wooden floors. They have been covered with laminated parquet and carpet to the commons. There is no elevator.The annual rental income amounts to € 58,200 (if everything is rented) excluding charges. Contracts can be cancelled with two months notice every year.Yield around 5%.Rent for the apartments around 750 € excluding charges.Rent for the commercial surface around € 2600 excluding charges.Total living area: +/- 280 m2.Land +/- 1a50ca.
sale details

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characteristics
comfort

showerroom

heating

gas heating

kitchen

dishwasher, equipped kitchen, separate kitchen

security

interphone

location

nearby town center, nearby pedestrian area, nearby public transport, nearby highways, nearby shops

Esch-sur-Alzette

Investment property to sale

980 000 €