Saint-Avold, Lorraine 57500

Reference: AGHX-T661098. This building located in Saint-Avold (57500), offered exclusively by Isabelle MAIRE of Safti immobilier, is an interesting opportunity for investors. With a surface area of ??700 m, it benefits from a strategic location close to amenities and main roads. Exterior features: - Security ensured by an intercom. - Presence of a cellar for additional storage space. - Outdoor parking spaces, garages (for rent) facilitating access for residents and visitors. Interior layout: - The building has 2 separate entrances for independent access to each part. - 3 floors totaling 12 apartments, including: - 6 vacant apartments (in anticipation of modernization work). - 6 apartments already rented. - Distribution of apartments for each entrance: - 1st and 2nd floor: two T2 type apartments. - 3rd floor: two T3 type duplexes. Financial information: - Annual rent (full capacity of the building): 61, 500. - Annual charges: 6, 624 (including water, electricity and maintenance of common areas). - Profitability 12% currently, potentially 10% gross after modernization work. - Estimate of the work available, which could allow a revaluation of the rents and an upgrade of the property. For investors looking for a building with high profitability potential, this property offers multiple possibilities, both through the beautification work and the prospect of an increase in rents. For more details, do not hesitate to contact me directly for additional information.