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.