Building for sale St Priest - 69800 / Réf: 2034_2154

Prop. ID: 2034_2154

New exclusive listing from Sébastien COCHE Immobilier - Saint Priest Manissieux - Investment property comprising 6 furnished apartments in a quiet environment, while remaining close to transport and main traffic routes. Built at the beginning of the 20th century, it offers 161.74 m2 of living space on a plot of 468 m2. Today it is organized into six independent apartments spread over two levels. The property is sold as a single-owner property, not subject to the condominium ownership regulations. The entire property is currently operated as furnished rentals, using a mixed short-term and traditional rental model. Rental income The rents collected amount to: EUR66,760 per year in revenue including charges (before management fees) EUR54,260 collected per year after management fees These amounts include: short-term rental rents, including charges (water, electricity, services) Rents for long-term furnished rentals, expressed excluding charges, with provisions recovered in addition Details of the operation Four apartments are operated as short-term furnished rentals, generating EUR52,000 in annual revenue including charges. After management fees, this revenue amounts to EUR39,500 per year. Two furnished apartments are rented on a long-term basis for an amount of EUR14,760 per year excluding charges, to which are added the provisions for charges collected from the tenants. Description The six apartments, ranging from studios to one-bedroom units, are spread over two levels. Each has a private outdoor space and a separate shed. Water and electricity are metered individually. The building's facade is currently being renovated. Charges borne by the owner Electricity: EUR6,720/year Water: EUR1,080/year Property tax: EUR1,223/year The address allows quick access to public transport (bus lines approximately 300 meters away), schools and major roads linking Lyon, the A43 and Eurexpo. This property is suitable for a buyer seeking an already operational asset, with existing income and a pre-existing rental organization. Sales brochure and video available on request at 06 70 445 700.