House for sale in Saint-Sulpice-sur-Leze, France

• Mandat exclusif
• DPED (189)
• Terrasse
• 312 m² de surface habitable
• GESB (8)
• 1 balcon
• Chauffage électrique
• Frais d'agences inclus : 4,5% du prix

Investment opportunity! Located 40 km south of Toulouse, in the center of the village of Saint Sulpice sur Lèze, this income property spans 3 levels and consists of six apartments. The building includes common areas such as an entrance hall, a garbage room, and a staircase leading to two landings with a total area of 32.77m2. On the ground floor, there is a 58m2 T3 apartment with a 18m2 terrace and a garden of approximately 425m2, as well as a 35m2 T2 apartment. On the first floor, there is a 40m2 T2 apartment with a 54m2 terrace and another 44m2 T2 apartment. Finally, on the second floor, there are two 40m2 T2 apartments. The building underwent renovations with a construction permit in 2011, and the first tenant moved in 2012. Improvements include the roof, insulation, exterior joinery, ventilation system, sanitary facilities, flooring, interior walls, and partially equipped kitchens. The total usable built area is 312.38m2, with a living area of 232.37m2, common area of 32.77m2, courtyard of 18m2, terrace of 53.85m2, and garden of 425m2. Currently, all six apartments are rented out, generating a total monthly rent of €2425 and an annual rent of €29,100. The asking price for this property is €418,000, including agency fees. The net selling price is €400,000. In my professional opinion, this property offers great rental potential with existing tenants already in place. The location in the village near amenities is also a plus. Considering the rental income and the potential for appreciation in the area, the price of €418,000 seems fair and could offer a good return on investment.