Investment building in Longwy (FR)

LONGWY, Mont Saint Martin - Discover this strategic building at the 3 borders, located in Mont-Saint-Martin, immediately close to Longwy and the Belgian and Luxembourg borders. Composed of 12 apartments + 2 commercial premises, currently all rented. This set offers excellent rental yield potential. Main features: 12 rental apartments of F2 and F3 type, benefiting from stable rental income. A commercial space of 80 m² on the ground floor and a commercial space of 300 m² with a basement + 10 private parking spaces. Both are currently rented with commercial leases in place. An elevator serving the four floors of the building, facilitating access for residents. Three apartments out of 12 have private balconies, and all apartments have access to a huge common terrace, providing a relaxation space for all. 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, facilitating transportation. General condition: building in good condition, with an energy performance diagnosis (DPE) in D for the apartments and a DPE in C for the 2 commercial premises. Electric heating. No asbestos. There are 2/3 minor electrical anomalies in 5 out of 12 units. Electrical panels have all been redone. Separate meters for all. The common areas have been completely renovated. One last apartment has also been completely renovated. Investment opportunities: a strong potential for improving rental yield with optimized property management. No professional property management. Leases are available for a future buyer. This property represents an exceptional opportunity for an investor looking to acquire quality real estate in a region of very high demand, with exponential added value in the coming years. Do not hesitate to contact me for a visit.