6 bedrooms house for sale in Le Cres, France

• Mandat exclusif
• 10 pièces
• 2 salles d'eau
• GESA (6)
• 188 m² de surface habitable
• 6 chambres
• Chauffage électrique
• 1 place de parking
• 871 m² de terrain
• 2 salles de bain
• DPED (211)

Located in a quiet and sought-after neighborhood of Le Crès, this 9-room, 188 m² house is divided into 4 separate apartments. You will have access to 5 parking spaces, a landscaped garden, and even space to grow your own vegetable garden! The condominium fees are very low (20 to 30 euros/month). Shops, schools, and the tramway (line 2) are all within walking distance. The house is divided into 4 residential units, with 3 already rented out. On the ground floor: 1 T1 bis apartment and 1 T2 apartment (in need of renovation) + 1 T2 apartment (already renovated). Upstairs: 1 T4 apartment (currently vacant, can be turned into a 4-bedroom shared living space). You have the option to either live in the renovated T4 apartment upstairs and collect rental income from the 3 ground floor apartments (currently rented for a total monthly income of 1,735 euros excluding charges), or rent out all apartments for a total monthly income of 2,677 euros HC (current rental income when fully occupied) and up to 3,948 euros HC (by converting the T4 into a shared living space). Overall profitability: Current profitability (after renovation work and notary fees deducted): 4.7% Potential profitability with 4-bedroom shared living space upstairs: 6.9% Serious tenants with no rent delays. No rent control regulations in Le Crès. Estimated renovation costs: 70,000 euros. Overall DPE rating of the building: D/B. Furthermore, there is a great potential for value appreciation after renovations. An excellent opportunity to combine a pleasant living environment with a highly profitable financial operation! For more information or to schedule a visit, please contact me at O6 6O 23 15 93.