Immeuble De Rapport Rénové

For sale, a turnkey income property located in Saint-Julien-du-Sault, consisting of 9 residential apartments. This property is an ideal opportunity for an investor seeking a renovated asset, immediately operational, with good profitability. Offered at a price of 577,000 euros including fees, this building generates annual rents excluding charges of 59,860 euros, representing a gross yield of 10.5%. The building is fully renovated, under single ownership, and features simple and clear management: individual water and electricity meters, individual electric heating, keypad/intercom, secured residence, connection to the public sewer system, with no courtyard or garden. It is an old building, constructed before 1948, exclusively residential, with an overall energy performance rating of C and D depending on the units. The property tax amounts to 2,955 euros. The property includes 9 renovated apartments, ranging from 2-room to 5-room units, with sizes between 43 and 75 square meters. Unit distribution: - 4 two-room apartments - 4 three-room apartments - 1 five-room apartment Current rental status: - 7 apartments rented - 2 apartments vacant The apartments offer sought-after features for tenants: fiber optic internet, mechanical ventilation (VMC), TV cable, individual electric heating, and are in good general condition. The two currently vacant apartments provide immediate potential for rental optimization or re-letting. Apartment details: - Apartment 1 – 2-room, 43 sqm, ground floor, rented, 490 euros/month excluding charges, Energy rating C - Apartment 2 – 2-room, 45 sqm, ground floor, rented, 480 euros/month excluding charges, Energy rating C - Apartment 3 – 2-room, 43.5 sqm, ground floor, rented, 480 euros/month excluding charges, Energy rating C - Apartment 4 – 3-room, 44 sqm, ground floor, rented, 570 euros/month excluding charges, Energy rating C - Apartment 5 – 2-room, 49 sqm, split level, vacant, potential rent 490 euros/month excluding charges, Energy rating C - Apartment 6 – 3-room, 67 sqm, 1st floor, rented, 590 euros/month excluding charges, Energy rating C - Apartment 7 – 3-room, 52 sqm, 1st floor, rented, 550 euros/month excluding charges, Energy rating C - Apartment 8 – 5-room, 75 sqm, 1st floor, vacant, potential rent 690 euros/month excluding charges, Energy rating C - Apartment 9 – 3-room, 45 sqm, 1st floor, rented, 490 euros/month excluding charges, Energy rating C Key points: - Turnkey income property - 9 apartments - Gross yield of 10.3% - 59,860 euros annual rent excluding charges - 2 vacant apartments offering value creation potential - Renovated building - Single ownership - Individual water and electricity meters - Individual electric heating - Installed fiber optic internet - Secured residence Complete file, rental status, and additional information available upon request.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/