Fully rented building, freehold, with 10 apartments (5 one-bedroom and 5 two-bedroom) covering 465 m², located on avenue Édouard Vaillant in Marseille 3rd district.
YIELD
Current annual rents: €64,000, representing a 7.5% gross yield for a price of €850,000 (€85,000 per unit). Property tax: €7,600. 10 units occupied, no vacancies. Potential for rent increase: as tenan
Fully rented building, freehold, with 10 apartments (5 one-bedroom and 5 two-bedroom) covering 465 m², located on avenue Édouard Vaillant in Marseille 3rd district.
YIELD
Current annual rents: €64,000, representing a 7.5% gross yield for a price of €850,000 (€85,000 per unit). Property tax: €7,600. 10 units occupied, no vacancies. Potential for rent increase: as tenants leave, rents can be adjusted up to €90,000 per year.
THE BUILDING
5 floors, fully renovated in 2006, several apartments recently refurbished. Good overall condition. 5 one-bedroom apartments of about 37 m² and 5 two-bedroom apartments of about 56 m². PVC double glazing, intercom, individual electric heating, individual hot water. Energy performance rating D, greenhouse gas emissions B. Energy audit, gas and electricity inspections completed.
LOCATION
Quiet residential street, opposite a kindergarten, close to a primary school and the Saint-Mauront / Bellevue sports complex.
FOR WHOM
Investor seeking an income-generating building with potential for rent optimization.
Complete file (rental status, leases, charges) available upon request after initial contact. Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/