Investment property
ORRY LA VILLE (60560)
Sold
Homesquare exclusivity. Ideally located in the center of Orry la ville, this investment property (with work to be done) will perfectly suit an investor looking for tax optimization. Built on a plot of 325 sqm, and raised on two levels, the building consists of 4 apartments: (which 3 sold occupied).
The whole consists:
- On the ground floor; a one bedroom duplex apartment rented 533.60 EUR Excluding monthly charges. Lease dated 07/01/2001
- On the 1st floor; of a 2 room apartment - Rented 520 EUR Excluding monthly charges. Lease dated 12/29/2018
- On the ground floor; a one bedroom apartment in duplex rented 570.29 EUR Excluding monthly charges. Lease dated 04/14/2009
- On the ground floor; a studio (potential rent after works 400 EUR) Excluding monthly charges.
Either a total rental yield of EUR 2,023 monthly - Or EUR 24,286 annually.
Gross profit before works: 8.83%
Total area: 163.95 sqm.
Property tax 1075 EUR.
This building requiring renovation work will be perfectly suited to an investor looking for property tax optimization.