Immeuble De Rapport

Nancy center, Rue Martin Munier - Sale of an income property consisting of 7 renovated and rented apartments. Located in a lively and sought-after neighborhood close to shops, transport, and educational institutions, this character building constructed in 1905 offers an already structured rental operation within an urban environment appreciated for its daily convenience. The property comprises seven apartments arranged as follows: two F1/F1 bis units per floor on the ground floor, first, and second floors, and a single F3 apartment occupying the entire third and top floor under the roof. The six F1/F1 bis apartments range from 22 to 35 m². The last unit, an approximately 60 m² F3, features a unique atmosphere with exposed beams, sloped ceilings, and natural light from skylight windows. The apartments have undergone partial renovation and are in good general condition, designed for immediate occupancy and easy rental management. The materials chosen are simple and functional, with optimized and easy-to-maintain spaces. Several units are currently rented to associations, contributing to the stability of the rental income. Estimated gross rental income reaches about €46,800 annually, representing a gross yield close to 6.8%. The building’s roof was replaced in 2020 and still benefits from a ten-year warranty. Common areas are maintained, and the cellars house the building’s technical equipment. Heating is provided by electric or gas installations depending on the apartment. Public parking is easily accessible in the area. The property can be purchased traditionally or through the acquisition of the company owning the asset, offering different acquisition options depending on the intended investment strategy. A human-scale property, already in operation, located in a dynamic sector of the Nancy rental market. An exclusive listing by Place Privée. Information on risks related to this property is available on the Géorisques website: [hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/