Building in Narbonne (11100)
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Building in Narbonne (11100)Building in Narbonne (11100)
€175,000

Building in Narbonne (11100)

  • New
  • 109 m² gross area

Description

NARBONNE – INVESTMENT BUILDING – GROSS YIELD 7.75% INVESTORS, AN OPPORTUNITY NOT TO MISS! Are you looking for a rental investment with immediate income and appreciation potential? This building could be exactly what you're looking for! Located in Narbonne, discover this three-storey investment building comprising 3 two-bedroom apartments of approximately 36 m² each, all currently rented. KEY FEATURES 3 two-bedroom apartments in good general condition Building sold fully let Courtyard with 3 storage units Parking available for 2 vehicles in the courtyard Some refreshing work is recommended, particularly in the stairwell and minor updates in the apartments. Possibility to install air conditioning to improve tenant comfort INVESTMENT DETAILS Current rental income: €1,130/month Annual rental income: €13,560 Current gross yield: 7.75% Estimated gross yield after acquisition costs: 7.14% INTERESTING OPTIMIZATION POTENTIAL! Beyond its immediate rental income, this building offers genuine appreciation prospects. Refreshing work and air conditioning installation would improve the comfort and appeal of the apartments, while offering the possibility to consider, in due course, a rental increase, subject to applicable regulations and current leases. An investment combining immediate returns, real estate assets and growth potential! For more information or to arrange a viewing, please contact me.

Ref: 2152780

Characteristics

  • 2 parking lots
  • Parking box
  • Electric heating
  • Built in 1900
  • Intercom

Others informations

Price details

Sale price
€175,000

of

Price per m²
€1,606 / 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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