Apartment block for sale

Groupe Arcade is offering this architect-designed building, comprising three independent units, for sale. The property boasts views of the Meuse and the valley, and features an outdoor area on the second floor. Each unit has its own address and private utility meters (water, electricity and gas). Currently, only the second floor has been occupied since 2020 and is let at €600. Potential rental income: at least €700 per unit. Layout: on the ground floor: communal hall, garage, 2 cellars. On the first floor: an architect’s office that could easily be converted into a one-bedroom flat of 68 m² following the installation of a kitchen. On the second floor: a one-bedroom flat of 68 m² with a rear terrace. On the top floor: one 88 m² flat with a mezzanine and a small balcony also overlooking the Meuse. Miscellaneous features: roof in good condition (renovated in 2003) with insulation; horizontal concrete structures with insulation; central heating via individual town gas boilers; electrical installation approved until 2029; fire safety measures in order. The building is currently classified as a single dwelling for planning purposes (following consultation with the local council, they have informed us that it is possible to regularise the status of two separate units). However, the local council has recorded three separate addresses since 2004. Net ground floor rent: €874. Energy Performance Certificate (EPC): Class B, 135 kWh/year; total energy consumption: 33,807 kWh/year.