STRASBOURG, Alsace, Address available on request

You are looking for a long-term investment that pays off immediately.
You can wait to optimize its profitability as much as possible!
This property is probably for you....
We offer for sale this apartment currently rented to a person + 65 years old. The rent is 706 (+43 of charges).
From now on you can get a return of 4%.
When the tenant leaves the premises, it will be necessary to renovate the apartment (about 70,000 for a nice renovation) which will allow you to rerent it with a profitability of more than 7%, or even more if you share a flat.
We are at 1,692 per m² ... A bargain!!
No proceedings are underway.
Co-ownership in the process of being constituted