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Property with garden Marseille 3ʳᵈ (13)by michel de chabannes 6eme

Property with gardenMarseille 3ʳᵈ (13)
Price :
$608,900
($3,044 / m²)
Surface200

Investment building in full ownership
General presentation
Located in the dynamic Belle de Mai neighborhood, in immediate proximity to shops, transport, and the cultural hub of La Friche Belle de Mai, this investment building in full ownership represents a secure investment opportunity with immediate rental income. The building consists of 5 fully rented apartments, offering stable rental management. The property is in excellent overall condition: Common areas in very good condition, main structure completely renovated about 10 years ago, apartments in very good interior condition, simplified management due to the absence of co-ownership. A particularly rare asset: a private terrace of 200 m2 on the ground floor, a true added rental value.

Composition of the building
Ground floor
Type 3 Apartment 57 m2 + terrace 200 m2
Crossing apartment benefiting from an exceptional terrace of 200 m2, offering a rare outdoor space in an urban setting.

Surface: 57 m2

Terrace: 200 m2

Monthly rent: 892 EUR

1st floor
Type 2 35 m2 (street side) Bright and well-arranged apartment.

Surface: 35 m2

Monthly rent: 610 EUR

Type 2 25 m2 (courtyard side) Quiet apartment overlooking the courtyard.

Surface: 25 m2

Monthly rent: 480 EUR

2nd floor
Type 2 duplex 45 m2 (street side) Apartment with double ceiling height, offering an atypical and sought-after volume.

Surface: 45 m2

Monthly rent: 556 EUR

Type 2 duplex 42 m2 (street side) Bright duplex with beautiful volumes.

Surface: 42 m2

Monthly rent: 576 EUR

Rental income
Monthly rents

Lot Rent

T3 Ground floor
892 EUR

T2 1st floor street
610 EUR

T2 1st floor courtyard
480 EUR

T2 duplex 2nd floor
556 EUR

T2 duplex 2nd floor
576 EUR

Total monthly: 3,114 EUR
Annual rental income
3,114 EUR × 12 = 37,368 EUR / year

Sale price
525,000 EUR inclusive of agency fees

Return on investment
Gross return
37,368 EUR / 525,000 EUR = 7.12 %

Investment highlights
Building in full ownership, 5 rented apartments, immediate income, 37,368 EUR annual rents, gross return over 7 %, exceptional 200 m2 terrace, common areas in excellent condition, technical systems fully renovated 10 years ago, apartments in very good interior condition, dynamic rental area close to the city center.

This description has been automatically translated from French.
Advertiser reference : 926Le Figaro Properties reference : 79926824

Its assets

  • Garden

In detail

* : Information not provided by the advertiser

Property with garden Marseille 3ʳᵈ (13)

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38 rue Edmond Rostand13006 Marseille 6ᵗʰAll the listings of this agency

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