Bourg-de-Péage, Rhône 26300

Located in the heart of Bourg-de-Péage, at 21 rue de la République, this income-generating building represents a great opportunity for an investor seeking a property that is already profitable. Composition of the building: 1 garden-level apartment of 55 m2, 1 ground-floor apartment of 61 m2, 1 cottage of 61 m2, and 2 duplexes of 100 m2 and 105 m2. Today, the existing rents generate approximately 36,900 in annual net income (excluding charges), providing immediate profitability upon acquisition. The tenants have been in place for several years, ensuring considerable stability. Each unit has its own gas heating and independent meters (water, electricity, and gas), which facilitates day-to-day management. The building is generally well maintained, with routine maintenance required as in any investment of this type. This property also presents real development potential. A gradual revaluation of rents could be envisaged as vacancies occur, and management optimization could improve profitability. In the longer term, a strategy of subdivision and sale by units could be studied to create value. Virtual tour, complete file, and additional information available after contact. Information on the risks to which this property is exposed is available on the Géorisques website: Your real estate advisor ikami (EI) - Listing written and published by an Agent Mandatary -