Investor Special!

Property Description

Great opportunity in Grenoble with this T4 with high yield for investors.

On the Cours de la Libération (at 189), a 3-minute walk from the terminus of tram E and 30 metres from the "Stade Lesdiguères" bus stop serving the entire Grenoble area.
Close to the ring road, the 67m² apartment is ideally located in Grenoble.

Sold without a tenant, the apartment was rented until now to 3 roommates whose rents Cc of €340, €340 and €400. The net rental yield is excellent: 11%.

A façade renovation will certainly be anticipated in the next few years (estimated cost of around €10,000).

The apartment on the 6th floor consists of 3 closed bedrooms, a living room with a small balcony, a bathroom and a fully equipped kitchen.

Restoration work, particularly on the window frames, will be required.

A cellar will be sold with the property and many parking spaces are intended for the co-ownership.

The co-ownership fees, including heating and maintenance of the common areas, are €2,100/year and the property tax is €1,100.

Come and visit this property!

DPE: C with an estimated energy consumption between €770 and €1090 per year, reference date January 2021

Fees paid by the seller.

CIMM Immobilier Seyssinet - Sas Qualit'immo 38 - 67 avenue de la République 38170 Seyssinet-Pariset - - Share capital €10,000 - Rcs - Intra-community VAT: Fr - "Transaction" and "Management" pro card: Cpi issued by the Grenoble Chamber of Commerce and Industry - Financial guarantee €110,000 Cecg 16 rue Hoche, 92919 Paris la Défense - Mediator: Sas Médiation