luxury property for sale Perralière district of Villeurbanne, France

For Sale: Rental Building - Excellent YieldLocation: Villeurbanne, FlachetTotal area: 372.51m²Number of rental units: 8 apartments including 6 T2 apartments and 2 T3 apartmentsPrice: €1,100,000 including agency feesGross annual yield: 5%We are offering a rental building ideally located in a rapidly growing neighborhood, close to amenities and public transport. This building consists of 8 well-maintained apartments, all currently rented, generating an excellent annual rental yield.Year of construction: 1920Overall condition: Good conditionAnnual rental income: €62,076Annual charges: €3,529The building has a communal area with the possibility of creating a bike storage space and cellars in the basement.This is a rare investment opportunity with good profitability, ideal for investors looking to build a quality real estate portfolio.Also benefit from our experience in property management, and our perfectly thorough knowledge of this building and its lots managed by our agency for over twenty years.Agency reference: 3814This description has been automatically translated from French.