Income-Producing Building – Chutes Lavies Area – 13004

Property Description

Income-producing building located in the Guigou / Chutes Lavies area, comprising 6 units. The property is laid out as follows:

On the ground floor, 3 rented studio flats, 2 of which have a terrace. The first is rented for €230 excluding charges per month, the second for €380 excluding charges per month, and the third for €440 excluding tax per month.On the first floor, two vacant one-bedroom flats of approximately 33 m², each with potential rental income of €600 excluding charges per month.At the back of the courtyard, a house of approximately 50 m² with a terrace and a garden of approximately 80 m², currently rented for €750 excluding charges per month.
Current rental income amounts to €3,000 excluding charges per month. The rents for some of the units could be increased in due course.

Current gross yield: 7.2%.

The building has been recently renovated and is in very good condition (roof, all four façades, common areas, etc.).

Please contact us for a full property file or to arrange a viewing. Enzo Russo (EI), Commercial Agent – RSAC number: –.