$728,378

Immeuble De Rapport Artem

  • 2,782 Sqft
  • Updated: June 16
  • 4
    Views for last 30 days

About the Property

NANCY ARTEM - Selling a rental building in sole ownership in Nancy, Avenue du Général Leclerc - Artem

Built in the 1920s-1930s, this Nancy rental building offers 260 m² of living space. It features a sober and elegant style, with a facade marked by stone frames and wrought iron balconies, typical of interwar architecture.

Perfectly maintained, it combines old-world charm with the
NANCY ARTEM - Selling a rental building in sole ownership in Nancy, Avenue du Général Leclerc - Artem

Built in the 1920s-1930s, this Nancy rental building offers 260 m² of living space. It features a sober and elegant style, with a facade marked by stone frames and wrought iron balconies, typical of interwar architecture.

Perfectly maintained, it combines old-world charm with the rental purpose for which it was designed.

Just steps from the Artem hub, in a lively neighborhood with schools, shops, and now served by Nancy’s new trolley line, this building enjoys a strategic location. The line connects both the city center and the Vandoeuvre health campus and its medical faculty, further enhancing the area’s rental appeal.

For over twelve years, we have managed this property and observed steady demand from both students and young professionals. This is an address where ease of renting is not just a claim but a reality.

Built on a full basement, the building has five levels of apartments renovated over time:

- Ground floor: two studios (F1) of 26 m², one with a private courtyard; one vacant, the other rented at €275 excluding charges.
- 1st floor: two two-room apartments (F2) of 26 and 29 m², rented at €386.90 and €410.00 excluding charges.
- 2nd floor: two F2 apartments (26 and 29 m²), rented at €410.00 excluding charges.
- 3rd floor: two F2 apartments (26 and 29 m²), rented at €385 and €400 excluding charges.
- 4th floor: one attic F3 apartment of 57 m², rented at €525 excluding charges.

Heating systems are individual (gas on the left side and top floor, electric on the right side). The boilers are recent and serviced. The roof was completely redone less than 5 years ago, and the common areas are in very good general condition.

When fully occupied, the property generates €3,600 in monthly rent excluding charges, or €43,160 annually, with potential for increased rent upon tenant turnover.

Current gross yield of 6%.

A perfectly located, well-maintained building offering its future owner a clear, easy-to-manage, and immediately profitable investment.

An exclusive listing by Place Privée.

”Information on the risks to which this property is exposed 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/
  • Property type

    Other

  • Year built

    1930

  • Price/sqft

    $261

Explore the Area

Avenue du Général Leclerc, Artem, Nancy, 54000, France View on Google Maps
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PLACE PRIVÉE - Place des Vosges

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PLACE PRIVÉE - Place des Vosges
France
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31
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2025
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PLACE PRIVÉE - Place des Vosges
NANCY, France
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Last updated
June 16
First listed
Sep 20, 2025
Listing reference
3309
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