Immeuble Lavalbourdine

Ideally located on Avenue de Valbourdin in Toulon (83200), discover this property complex built on a basement, comprising a main building with four stories and a separate house on its own plot. A rare opportunity for investors. COMPOSITION OF THE SETThe Main Building (R+4): A distinctive building with 4 floors + attic, comprising a mix of sought-after apartment types (1-bedroom and 2-bedroom): - Basement: Dry cellars for storage. - Ground floor: 1 T1 + 1 T2. - 1st, 2nd and 3rd floor: On each level, 1 T1 + 1 T2. - 4th floor (Attic): 1 T1 + Attics (Potential for conversion or creation of additional space). The Detached House (At the rear of the plot): A major asset of this property is a raised, single-storey house divided into two separate dwellings (currently empty or requiring optimization): - North accommodation: One bedroom, dining room, kitchen, shower, closet. - South accommodation: Living room, kitchen, storage room, shower, closet. - Note: Possibility of combining the two to create a large 3-bedroom apartment with outdoor space, or of renovating to maximize rental income. KEY FIGURES - Potential annual rental income: ± 58,300? (after optimization and re-letting of vacant units). - Property tax: €6,549 / year. - Target profitability: Possibility of reaching ~7.5% Gross after refurbishment and relocation work. THE MOST - Strategic location: Valbourdin area, close to amenities and access. - Potential for work: Ideal for reducing your taxes through property deficit (improving the energy performance certificates on the F lots, renovating the house) -No co-ownership: You are the sole master on board (Voluntary trustee possible, no external co-ownership charges). Complete file (energy performance certificate, rental status, cadastral matrix) available on request.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/