Longwy, Lorraine 54400

LONGWY, Mont Saint Martin - Discover this strategically located building at the tri-border area, situated in Mont-Saint-Martin, in close proximity to Longwy and the Belgian and Luxembourg borders. Comprising 12 apartments and 2 commercial units, all currently rented, this property offers excellent profitability potential. Key features: 12 apartments for rent, ranging from one-bedroom (F2) to two-bedroom (F3), with stable rental income. An 80 sq m commercial space on the ground floor and a 300 sq m commercial space with a basement and 10 private parking spaces. Both are currently leased with existing commercial leases. An elevator serves all four floors of the building, providing easy access for residents. Three of the 12 apartments have private balconies, and all apartments have access to a large communal terrace, offering a relaxing space for everyone. Location advantages: peaceful and pleasant neighborhood with a safe environment. Close to all amenities: shops, schools, and the large Auchan shopping center. Quick access to Longwy train station (5 minutes by car) and a regular bus network, making travel easy. General condition: The building is in good condition, with an energy performance certificate (EPC) rating of D for the apartments and C for the two commercial units. Electric heating. No asbestos. There are two or three minor electrical faults in five of the twelve apartments. All electrical panels have been replaced. Separate meters for all units. The common areas have been completely renovated. One apartment has also been completely renovated. Investment opportunities: strong potential for improving rental profitability with optimized property management. No professional property manager. Leases are available for a future buyer. This property represents an exceptional opportunity for an investor seeking to acquire a quality real estate asset in a highly sought-after area with exponential potential for appreciation in the coming years. Please do not hesitate to contact me to arrange a viewing.