2 Room(s) Apartment for Sale in Paris 3E Arrondissement

Property Description

Features: completely renovated in 2016 and fully remodeled, ready to move in after a fresh coat of paint, modern and fully equipped kitchen. South-facing, with natural light coming in from a large skylight located at the entrance and in the kitchen. Beautiful volume to be exploited with a ceiling height of 3 m. Original features with attractive stone walls in the living room and kitchen and beautiful ceiling beams, as well as parquet flooring in the bedroom and dressing room. Numerous custom-made cupboards and storage spaces. On the ground floor and 1st floor of 4. Two apartments on the floor, secure building (digital code and reinforced door), high-speed fiber optic internet, individual gas heating, no co-ownership works voted or planned, charges €287/month including maintenance of common areas + water. Property tax €1,093/year, ideal first purchase/pied-à-terre, suitable for professionals with no noise nuisance.

In the heart of the Archives administrative district, this four-story building with a ground floor was built in 1800. It comprises one building without an elevator and has six apartments. It stands on a 123 m² plot located 150 m from the Saint Sebastien Froissard metro station (L8) and 448 m from the Richard Lenoir station (L5). Victor Hugo Middle School is 354 m away. Velib' station is just a stone's throw away.

3rd Arrondissement - Primarily a residential neighborhood, this is the quietest part of the medieval Marais district and one of the most pleasant areas to live in Paris. A sophisticated village, it has several open-air markets and squares such as the Carreau du Temple, the Jardin de l'Hôtel Salé (Picasso Museum), and the Jardin Saint-Gilles-Grand-Veneur. The oldest private house in Paris, built in 1407, is located here on Rue de Montmorency (its first owner claimed to possess the philosopher's stone). The area includes beautiful buildings and several mansions such as the Hôtel de Montmorency, the Hôtel de Marle, and the Hôtel Albret. From the 17th century onwards, the neighborhood was inhabited by the nobility, including Madame de Sévigné, hence the name given to one of its streets. Certain streets such as Rue de Bretagne, Rue de Montmorency, Rue Charlot, and Rue de Braque are particularly sought after. Over the centuries, the neighborhood has been home to several communities (Auvergnat, Jewish, Chinese, etc.).

Investor information:
Furnished rental potential €41.2/m²/month --> €2,781 (ref DRIHL or SeLoger) --> 2.62% projected return
Details of surface areas for lots included in the price:
Apartment --> 67.49 m² = €18,892/m²Total living space --> 67.49 m² living space; 67.49 m² CarrezDetails of rooms: Entrance/Kitchen: 14.26 m²; Living room 26.59 m²; Bedroom/Bathroom 21.34 m²; Hallway: 3.59 m²; Toilet: 1.71 m².
2 Lots total shares --> 406/2000ths of the common areas of the building.Lot 1: 206/2000ths and Lot 2: 198/2000ths.