Investor Opportunity: Mixed-Use Building 504 m² in the Heart of Sens

€899,000

Sens

AVAILABLE

Building for sale in Sens

Sens

€899,000

Type: Building

Description

I offer for sale in the heart of Sens in the Yonne (89), a mixed-use building with a view to wealth investment or other real estate project. Perfect for a turnkey investment!

CURRENT STATE OF THE BUILDING:
Income-generating building completely renovated 3 years ago, consisting of 9 units of which 7 residential and 2 commercial, ideally located in the hyper-center of Sens with nearby shops, services and quick access to Paris via the station in 1 hour 10 minutes.

FIGURES WITH 100% OCCUPANCY:
Gross annual rents: €78,720
Surface area: 504 m²
Property tax: €7,626
Gross return excluding charges: 8.7%
Charges (cold water, garbage collection and cleaning): €30 per month per unit paid by the tenant

RENTAL SITUATION AND OPTIMIZATIONS:
The building is under sole ownership, no management fees. 90% of units are rented long-term with leases in place. The commercial space can be rented, repurposed or subdivided. Each apartment has its own electricity meter and a storage box. These boxes can be rented separately for slightly higher return at the end of the current lease.

WORKS:
All Energy Performance Certificates are rated D except 1 unit rated C.

ADVANTAGES:
  • No work required. Turnkey building.
  • High rental demand
  • Hyper-center location
  • Stable long-term tenants.
Reasonable negotiation can be considered after viewing for serious buyers.

Legal Information

Fees to be paid by the seller. Energy class D, Climate class B. Estimated average amount of annual energy expenditure for standard use, based on 2021 energy prices: between €830.00 and €1,170.00. Information on the risks to which this property is exposed is available on the Georisques website: georisques.gouv.fr.

Energy Information

Climate Information

Energy

Energy Information

Climate

Contact Agent

Listing Agent