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Property with garden Ermont (95)by equinimo

Property with gardenErmont (95)
Price :
$2,668,400
($3,219 / m²)
Surface829 m²land373 m²

Equinimo offers for sale this investment property in excellent condition, boasting a high gross yield. Comprising 15 apartments, it is located in the city center on Rue Saint Flaive in Ermont (95120), just 350 meters from the Ermont Halte (RER C) and Cernay (Line H) train stations (only 20 minutes from Paris). The property sits on a 373 m2 plot, ideally situated in a sought-after residential area at the intersection of Rue Saint Flaive and Rue Lamartine, in the heart of the Jules Ferry residential district. Key information: Total apartment area: 828 m2 (Carrez Law). The building has 3 floors (ground floor + 3 upper floors) and includes 15 apartments, 18 cellars, a courtyard, and a courtyard garden. It comprises 8 two-bedroom apartments, 6 three-bedroom apartments, and 1 four/five-bedroom apartment of 105 m2 (currently vacant former primary residence). Total gross rent: EUR174,000, including EUR162,000 rent + EUR12,000 in charges. The bright apartments offer a pleasant living environment and views of the surrounding green spaces. Secure single entrance at 11 rue Saint Flaive. Heating: electric convectors or individual gas boilers. Regular maintenance, equipment in good working order. Renovated, fitted or equipped kitchens. Recent work and maintenance: 2001-2007: complete renovation of the building (facades, gables, common floors, cellars, bicycle/stroller garage, etc.). 2009: zinc roof replacement. 2013: renovation of the lobby, corridors and stairwell. 2024: attic insulation with standard rock wool (in addition to the existing vermiculite). Location advantages: 5-minute walk from Ermont Halte (RER C) and Cernay (Line H) train stations. Immediate proximity to primary schools, Jules Ferry middle school, Van Gogh high school, shops, restaurants, Saint Flaive market, medical and paramedical practices, Beaulieu park, etc. A vibrant, family-friendly neighborhood, very well-connected and sought after by tenants. Strong rental appeal: optimal occupancy rates, no rent arrears, reliable and stable tenants. Potential for increasing the value of the vacant 4/5-room apartments. Building particularly well-suited to a long-term investment strategy.
Advertiser reference : ermont0602Le Figaro Properties reference : 97317485

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  • Garden

In detail

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Property with garden Ermont (95)

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