Shared apartment building - City center

It is located in one of the small residential streets of the Sainte-Catherine district that you will find this shared apartment building.

The property is currently divided into 9 rooms (4 rooms of 15m² and 5 rooms of 10m²), three mezzanines are used as laundry rooms and the building has a small common courtyard on the ground floor. The rooms are all equipped with a small kitchenette and a private shower room. The building is fully functional as is but it is ideal to plan for re-insulation of the rear facade of the building.

The rents of the rooms vary between €530 and €650, the total monthly rent of the building is €5312 per month including charges.

The net yield after deduction of charges is 9.66%.

Excellent investment to keep!

Urban situation: Single-family house;
PEB: Under construction;
Electrical certificate: In the process of being created;