!!!!!! Ideal rental investment!!!
Building of 268 m2 fully rented in the district of Les Grands Carmes, close to La Jolliette and La Gars Saint Charles, 4-storey building in Marseille, it is composed as follows:
- Ground floor of commercial premises of approximately 30 m2 each,
- 1/2/3rd floors a T2 apartment OF about 32 M2 and a T1 of about 26 m2 on each landing
- 4th a large T1 of about 30 m2 and a studio of 20 m2 all 8 lots for residential use and two shops, no co-ownership.
Annual rental income 52000 euro, a GOOD RENTAL YIELD about 10% of cash flow.
Property tax: 5000 euro.
INVESTMENT BENEFITS /
With a high profitability of around 10%, this building represents an excellent investment opportunity.
Potential for valuation: modernisation and improvement works could further increase the rental value of the property,
Do not hesitate to contact me for more information or to arrange a visit. This property is presented to you by Sabri Harbi, your independent advisor Dr House Immo.
Building of 268 m2 fully rented in the district of Les Grands Carmes, close to La Jolliette and La Gars Saint Charles, 4-storey building in Marseille, it is composed as follows:
- Ground floor of commercial premises of approximately 30 m2 each,
- 1/2/3rd floors a T2 apartment OF about 32 M2 and a T1 of about 26 m2 on each landing
- 4th a large T1 of about 30 m2 and a studio of 20 m2 all 8 lots for residential use and two shops, no co-ownership.
Annual rental income 52000 euro, a GOOD RENTAL YIELD about 10% of cash flow.
Property tax: 5000 euro.
INVESTMENT BENEFITS /
With a high profitability of around 10%, this building represents an excellent investment opportunity.
Potential for valuation: modernisation and improvement works could further increase the rental value of the property,
Do not hesitate to contact me for more information or to arrange a visit. This property is presented to you by Sabri Harbi, your independent advisor Dr House Immo.