Description

For sale: Fully rented apartment building with 12 turnkey residential units, located in the center of Oudenaarde. This property offers a rare opportunity for investors looking for a stable, carefree and immediately profitable real estate investment. The building enjoys an excellent location close to the station, stores, schools and the green city park Liedts. The combination of central location, good accessibility and pleasant living quality ensures a permanently strong rental demand and high occupancy rate. Originally the building served as a commercial property, but for many years it has been fully used as an apartment building. A thorough and qualitative total renovation was carried out in 2009, focusing on living comfort, energy efficiency and technical conformity. The result is a modern, well-maintained building with reliable tenants and a solid rental income.

The complex has a total of 12 apartments, organized as follows: - Ground floor: 3 apartments with 2 bedrooms each - 1st floor: 3 apartments with 2 bedrooms each - 2nd floor: 3 apartments with 2 bedrooms each - 3rd floor: 1 apartment with 2 bedrooms, 1 duplex with 2 bedrooms and 1 spacious duplex with 3 bedrooms In addition, there is a basement with a common room and individual basement or storage space for each apartment, a practical asset for residents and an added value to the whole. All housing units are energy efficient (EPC label B) and have compliant electrical installations. Thanks to this technical and energy quality, the building remains future-proof and low-maintenance. The entire building is leased to reliable tenants with fixed contracts, ensuring stable rental income and minimal risks. The patrimony company is sold including the real estate and current leases, allowing the buyer to enjoy a direct and transparent entry into a well-structured real estate portfolio. This investment combines location, yield and quality, three essential pillars for a sustainable real estate strategy. With its rental status, modern finishes and solid management structure, this is a fully operational investment without worries, ideal for those who want a secure return on their capital. An opportunity that rarely comes to the market in this form.