Investment Property

Property Description

Listing FRP148337: For sale near high schools and a middle school, a well-maintained apartment building comprising 5 apartments and 2 garages. The ground floor consists of a studio apartment, the boiler room, and the garages. The first floor has a four-room apartment, the second floor a two-room apartment and a studio apartment, and the third floor, under the eaves, has a three-room apartment. All apartments are equipped with fitted kitchens, double-glazed windows, and compliant electrical wiring. The building has a gas boiler that was replaced in 2018. The monthly rental income is €1,870 excluding charges, or €23,460 per year. Total monthly charges are €420, including property maintenance, heating, and a pro-rata share of water costs. Legal notice: Offered for sale at €251,000 (including 4.58% VAT-inclusive agency fees payable by the buyer, i.e., a price excluding fees of €240,000) - Energy Performance Certificate (EPC) carried out on: 19/04/2024 - Energy Class D: 220 kWh/m²/year - Estimated annual energy costs for standard use: between €3,240 and €4,440 - Property managed by YANN FONTAINE (Real Estate Agent - Manager) - Immo-Diffusion Saint Amand Montrond Network - For more information, please contact our office at (Free call or local call rates apply) - Information on the risks to which this property is exposed is available on the Géorisques website: