PROPERTY FEATURES
Asking price
€ 355.000
Rent P.A.
€ 22.600
Size
260 m2
Yield
6.4 %
FOR SALE

Jos Francotteweg 6 6A & 6B, Vaals, The Netherlands

Property Description
Investment property consisting of three independent apartments in rented condition, basement and shared garden located in the center of Vaals within walking distance of the extensive range of amenities with stores, bus station and restaurants. Each apartment has its own house number and has a living room, kitchen, 1 or 2 bedrooms and a bathroom. The building has a spacious attic with dormer window, this space offers opportunities to realize an additional independent apartment / studio (after permission of the municipality of Vaals)

This semi-detached building is solid in design, it has an insulated roof and is almost entirely equipped with plastic frames with double glazing. The finishing on the inside is simple. Each apartment has an independent central heating boiler (rental) and a private basement. At the rear of the building is a communal garden located on the west.

The current gross rental income is € 22.600, - per year. The tenants are responsible for energy contracts for electricity and gas, there are meters for each apartment. The water consumption is through an advance payment on top of the bare rent through the landlord settled. The current owners have always had long-term tenants, with little turnover.
Map
Jos Francotteweg 6 6A & 6B
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