$690,820

Vente Immeuble 180 M²

  • 1,938 Sqft
  • Updated: Today

About the Property

iad France - Laurent Malet offers you: SPECIAL INVESTOR OPPORTUNITY: Income property with 4 units – Strategic location in Montpellier
Location: 38 Avenue de Palavas, 34070 Montpellier

Rare opportunity on the Montpellier market: a single-owner income property consisting of 4 apartments, located on Avenue de Palavas, a dynamic and sought-after area due to its proximity to the city cente
iad France - Laurent Malet offers you: SPECIAL INVESTOR OPPORTUNITY: Income property with 4 units – Strategic location in Montpellier
Location: 38 Avenue de Palavas, 34070 Montpellier

Rare opportunity on the Montpellier market: a single-owner income property consisting of 4 apartments, located on Avenue de Palavas, a dynamic and sought-after area due to its proximity to the city center and transport links.

Ideal for a secure patrimonial investment or a rental optimization project: the building is currently rented but can be purchased fully vacant.

Building composition:
- T4 apartment — €724
- T3 apartment with terrace — €674
- T2 apartment (1) — €549
- T2 apartment (2) with terrace and private entrance — €549

TOTAL: 4 units, €2,496 / month

Financial data and profitability:
- Current annual rental income: €29,952
- Property tax: €3,300 / year
- Condominium fees: €0 (full single ownership)

Profitability potential: Possibility to fully vacate the building to optimize rents (switch to LMNP, shared rental of the T4, etc.).

Key points for the investor:
- Turnkey: No work needed, the building and apartments are in very good condition.
- Simplified management: Each unit has its own Linky electric meter (individual consumption).
- Operational flexibility: Sold rented with immediate yield, or vacant for rental repositioning or resale by unit.

Note: The building does not have parking spaces.

Would you like to know more or schedule a visit?

Complete financial file, leases, and additional photos available on request.
Contact me today to discuss your investment project.

Agency fees payable by the seller.
A valid ID will be requested at the visit, in accordance with article [hidden information] of the Monetary and Financial Code. Information on risks related to this property, including the legal obligation for brush clearing, is available on the Géorisques website: [hidden information]
This real estate listing was written under the editorial responsibility of Mr. Laurent Malet, independent real estate agent (without holding funds), commercial agent of SAS [hidden information] France registered with the Montpellier RSAC under number [hidden information], holder of the real estate canvassing card for the company [hidden information] France SAS.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
  • Property type

    Other

  • Floors

    1

  • Year built

    1900

  • Price/sqft

    $356

  • Emissions

    B

  • Consumption

    D

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Saint Martin, Montpellier, France View on Google Maps
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2023
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iad france
LIEUSAINT, France
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Last updated
Today
First listed
Jan 11
Listing reference
1917642
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