Description
Ideally located on Boulevard de la Paix in Courbevoie, in the immediate vicinity of Bécon-les-Bruyères and its station, discover this beautiful 1930s investment property, sold as a vacant viager.
A rare opportunity for an investor wishing to acquire an entire building already generating rental income, in a sought-after and particularly well-connected area.
The building is composed as follows:
Ground floor: a commercial space with a basement, currently operated as a hair salon;
1st floor: two 1-bedroom apartments;
2nd floor: a studio and a 2-bedroom attic apartment;
Basement: three cellars, a storage room, a kitchen, and a boiler room.
Rental Income
The property currently generates a rental income of:
$3,952 excl. charges per month, or $47,424 excl. charges per year.
Based on a market value of $928,000, the gross rental yield is approximately 5.1% per year, before taking into account the particularly attractive financing terms associated with the viager.
Vacant Viager Conditions (71-year-old Male)
Market value: $928,000
Down payment (including agency fees): $296,400
Monthly life annuity: $4,000
A rare opportunity for an investor wishing to acquire an entire building already generating rental income, in a sought-after and particularly well-connected area.
The building is composed as follows:
Ground floor: a commercial space with a basement, currently operated as a hair salon;
1st floor: two 1-bedroom apartments;
2nd floor: a studio and a 2-bedroom attic apartment;
Basement: three cellars, a storage room, a kitchen, and a boiler room.
Rental Income
The property currently generates a rental income of:
$3,952 excl. charges per month, or $47,424 excl. charges per year.
Based on a market value of $928,000, the gross rental yield is approximately 5.1% per year, before taking into account the particularly attractive financing terms associated with the viager.
Vacant Viager Conditions (71-year-old Male)
Market value: $928,000
Down payment (including agency fees): $296,400
Monthly life annuity: $4,000
