Building for sale in Cherbourg-en-Cotentin, France

• 124 m² de surface habitable
• N/C
• 121 m² de terrain
• DPED (206)
• 6 pièces
• GESA (6)

This property is an investment opportunity presented by 123webimmo, offering 5 units including 2 studios, 2 T1, and 1 T2 spread across the first, second, and third floors. The building is strategically located near the city center of Cherbourg-en-Cotentin, a neighborhood in the midst of revitalization by CUC and close to all amenities such as the train station, shopping center, local shops, post office, and hospital. Significant renovations have been completed including complete replacement of wooden floors, roofing, creation of technical ducts for utilities, individual meters for electricity and water, perimeter wall insulation, PVC double glazed windows, facade refurbishment, electric heating, and hot water production. The current annual property tax for 2023 is 2086€. All units are currently rented out unfurnished on long term leases for a total monthly income of 1795€. The property is well-maintained and offers stable rental income with long-term tenants in place. Given the prime location, recent renovations, and steady rental income, the asking price of 336350€ is competitive and reflects the potential for a solid return on investment in the future.