House
Limoges (87)
Price:
$ 1,775,600
USD
-
Euro (€ EUR)
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American Dollar ($ USD)
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British Pound (£ GBP)
Surface
530 m2
Bedrooms
10
Welcome to Limoges, a city rich in history and exciting investment opportunities! We are pleased to present an exceptional income-generating building, recently renovated and ideally situated for investors seeking immediate returns without the hassle of renovations.Key Features:- Condominium property complex, approximately 600 square meters in size, spanning three floors, in a quiet and secure neighborhood.- 21 furnished studios, ready for occupancy, featuring modern furnishings, including a fully-equipped kitchen, a bathroom, and toilet facilities.- All studios come fully furnished, complete with a 140x190 bed, duvet cover, mattress, pillow, dining table, chairs, and wardrobe.- 23 underground parking spaces for additional income.- 7 ground-floor studios are accessible to individuals with reduced mobility, ensuring a diverse tenant pool.- Elevator for the tenants' convenience.- Completely renovated in 2019, this building is in perfect condition.Strategic Location:- Immediate proximity to public transportation, shops, schools, universities, Limoges City Hall, and the picturesque banks of the Vienne River.- Located in the heart of the city, just steps away from major retailers such as Fnac, McDonald's, Monoprix, Zara, Basic Fit, and Place de la République.- Only 650 meters from the Francophone Multimedia Library.- Easily accessible from the A20 highway (Toulouse/Paris route), providing excellent mobility for tenants.Attractive Financial Returns:- Estimated annual rental income of approximately €110,000 if the studios are consistently rented.- Monthly rents for studios range from €420 to €480, depending on size and exposure.- Monthly parking space rents range from €35 to €45, providing additional income.This building represents a rare opportunity in the market, with solid financial returns from day one. Don't miss out on the chance to expand your real estate portfolio in a thriving city. Contact us now to arrange a visit and discover all the advantages of this exceptional investment opportunity in Limoges. Don't let this opportunity slip through your fingers!
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Advertiser reference: 1424893 - Le Figaro Properties reference: 64939634
Its assets
- Elevator
- Garage & parking
In detail
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- Surface 530 m2
- Rooms 11
- Bedrooms 10
- Land N/A*
- Construction 1975
- Nb of floors 3
- Parking 1
- Bathrooms N/A*
- Toilets N/A*
- Exposure N/A*
- Heating Radiators
- Kitchen American-style
- Property tax N/A*
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Energy Performance Certificate
244 9**GreenHouse Gas emission
9 -
This property is not subject to co-ownership
No procedures in progress
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$ 1,775,600
Fees to be paid by the seller
* Information not provided by the advertiser
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Information on the risks to which this property is exposed is available on the website : www.georisques.gouv.fr