Le Crès, Languedoc-Roussillon, Address available on request

Located in a quiet and sought-after area of Crès (34920), discover this 9-room, 188 m² house, divided into 4 separate apartments. You will enjoy 5 parking spaces, a garden with trees and can even grow your vegetable garden! The condominium fees are very low (20 to 30 euros / month). Shops, schools and the tramway (line 2) are within walking distance!
The house is divided into 4 residential lots, 3 of which are already rented.
On the ground floor: 1 T1 bis apartment and a T2 apartment (to be renovated) + 1 T2 apartment (already renovated).
Upstairs: a T4 apartment (free, possibility of transformation into a 4-bedroom flatshare).
You will be able to:
- Live in the T4 apartment upstairs after renovation and enjoy the rental income of the 3 apartments on the ground floor (already rented for a total monthly income of 1,735 excluding charges).
- Rent all the apartments for a total monthly income of 2677 euros / month Hc (current rental income when everything is rented) and up to 3948 euros / month Hc (by transforming the T4 into a shared flat).
Profitability of the whole:
Current profitability (work and notary fees deducted): 4.7%
Rental potential with 4 bedroom shared apartment upstairs: 6.9%
Serious tenants (no rent arrears). No rent control (The city of Crès is not subject to this regulation).
Estimated cost of the work: 70,000 euros.
 Overall dpe of the building: D/B.
Finally, the potential for added value after renovation is very interesting.
An excellent solution to combine a pleasant living environment and a very profitable financial operation!
Contact me at O6 6O 23 15 93 to arrange a visit!
This real estate advertisement has been written under the editorial responsibility of Thibaut Bissuel (Ei) registered with the Commercial Court of Montpellier under the number Rsac 
Agency reference: 11769