luxury house for sale Gerland district of Lyon 7ᵉ, France

We offer for sale an income-generating building located on rue Marcel Merieux in Lyon's 7th arrondissement in a sought-after area, immediately close to public transport (Metro Debourg), shops, amenities, and schools (ENS, etc...)This property has a total living area of 1,109.74 m² and comprises 17 units consisting of 10 two-room apartments, 6 three-room apartments, and one commercial space.The building is rented out and currently generates €166,956 in annual rent (including €13,900 in charges). This investment project has a gross yield of 3.24%, with interesting optimization potential.The building rises over 7 levels (R+6) and is in good overall condition. The apartments are equipped with electric heating and have individual meters. The property tax is €14,498.This building represents a great opportunity for both heritage and rental investment, ideal for an investor looking to secure rental income or enhance a real estate asset in a dynamic area.The property is offered at a price of €5,100,000 including agency fees.Complete file available on request.Agency reference: 578This description has been automatically translated from French.