Building in Limoges (87000)
Building in Limoges (87000)Building in Limoges (87000)
€342,000

Building in Limoges (87000)

  • 413 m² gross area

Description

INVESTMENT BUILDING - Net Rental Yield 7.8% Investors, rare opportunity. Building of 413m² comprising 2 commercial units and 4 apartments, all rented. This includes a 1-bedroom apartment of 27m² (€370 excluding charges) and three 2-bedroom apartments of approximately 50m² each, renovated (€450 excluding charges each). These units generate €31,380 in annual rental income. Rental revenues are immediate. Property tax is €4,077 and the net rental yield is 7.8%, which also offers strong optimization potential. Indeed, there are 3 small houses in the courtyard to renovate that could be converted into 2 one-bedroom houses and 1 studio, plus courtyard and garden space. After optimizing the renovation surfaces, profitability can reach 12% gross. Ideal product for investors seeking immediate returns and medium-term value appreciation. Complete and detailed file available upon request.

Ref: 1970703

Characteristics

  • Basement
  • Electric heating
  • Built in 1900

Others informations

Price details

Sale price
€342,000

of

Price per m²
€828 / m²

Fees incl. VAT payable by the seller

See the fees scale

Energy performance

Energy performance diagnosis

  • D

Greenhouse gas emission index

  • B

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