93220 Gagny - 500m from the Rer E - Mixed-Use Building for Sale

Property Description

In the town of Gagny, 500m from the RER E and 25 minutes from Paris via the A3, Hamilton in Paris is offering a mixed-use building for sale located on a shopping street, with a total area of 338m² (306m² Carrez). - At the foot of the building, two very successful businesses are for sale, occupied, measuring 125m² and 30m², with rental income excluding charges of €1,970/month (€2,225/month including charges). - R1: Two two-room apartments measuring 26m² and 30m² Carrez - R2: Two two-room apartments of 2! and 32m2 Carrez - R3: Two studios of 16.5m2 each (30m2 floor space). The occupied apartments can be sold free of any occupants. Currently, the return on investment is 5.6% and can be greatly optimized after renovation work. The street-facing façade of the building is in good condition. The common areas require complete renovation. The building, classified as G, has been quoted for wall insulation at a cost of €14,000 excluding VAT. An ideal project for investors.