€1,145,000
200 meters from Tram T9 (Four-Peary), direct line to Paris-Porte de Choisy. This real estate complex offers a rare opportunity: a secure income asset combined with strategic land reserve. Built on a 619 m² plot, this approximately 260 m² building presents a turnkey product.
The facade, a distinctive asset:
The first impression is that of a character property. The main facade stands out with the elegance of its corner bindings and its window frames in visible red bricks. This architectural ornament, typical of bourgeois constructions in the region, gives the building a strong visual identity and authentic charm. The gabled roof and the rhythmic alternation of openings create a harmonious and reassuring ensemble.
The real estate complex:
The building has been optimized for serene and efficient management, while offering high-quality living comfort to its occupants.
Private spaces:
The building is organized around 10 well-maintained apartments:
6 studios and 4 T2-type apartments, offering generous volumes. East/West exposure guarantees constant light throughout the day and unobstructed views.
Rental performance:
This property is a true "good family man" product:
Secure rental income: €92,000 / year.
Gross profitability: approximately 8%.
Simplified management: a single main meter for all lots.
Quality features: full double glazing.
Exteriors and parking:
The property has a private garden, a real asset in an urban area, as well as a garage that can accommodate 3 cars.
Investor / developer opportunity:
The potential of this property also lies in its land. Located in zone UM of the PLU on a 619 m² plot, the land is buildable. It offers a rare opportunity for enhancement through extension or elevation, with the possibility of construction in R+5 + attic.
Location:
The quiet residential neighborhood ensures a sustainable rental demand.
Our experts' opinion:
"A complete and rare investment product. It meets all security criteria: a high-performing immediate yield of 8% and above all, a major land development potential thanks to the available building rights. A strategic opportunity on the doorstep of Paris."
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