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Residential Building with Development Potential – Bagnolet (93170)

Studio
Habitable Size: 500 m²
Land Size: 0 m²
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€3,160,000

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Region: Paris Île-de-France Department: Seine-Saint-Denis (93) Commune: Bagnolet (93170)

Advert Reference: 29484

For Sale By Agent

Agency: Selection Habitat Selection Habitat View Agency Find more properties from this Agent
Wise Currency Conversion provided by Wise
€3,160,000 is approximately:
British Pounds: £2,686,000
US Dollars: $3,381,200
Canadian Dollars: C$4,645,200
Australian Dollars: A$5,214,000
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info

  • Type: Residential (Apartment), Business (Apartment Building / Block Of Flats), Investment Property
  • Bedrooms: 0
  • Bath/ Shower Rooms: 0
  • Habitable Size: 500 m²
  • Land Size: 0 m²

Features

  • Gîte(s) / Annexe(s)
  • Rental / Gîte Potential

Property Description

For sale: 1950s building of approximately 500 m², comprising 14 apartments and a commercial space, built on a plot of 564 m². Revised annual rents for 2025: €121,000 excluding charges Current profitability: 3.8% (based on a price of €3.160 million excluding charges) Recent work (2022): complete renovation, insulation of the facades, new VMC in all apartments (€200,000 invested) General condition: apartments and common areas maintained Energy class D (possibility of upgrading to C with replacement of electric heaters) Investor advantages: Sought-after location: 15 minutes from the metro, close to Paris Secure rental management with revised rents (IRL Insee) Significant potential for growth: Transformation of the cellars: +41 m² usable +€12,000/year in rent Construction of a new building on the plot: +360 m² habitable (6 apartments of 60 m²) - PC to be requested Estimated overall profitability after work: +/- 6% An architect's feasibility file (June) 2025) is available, confirming these possible extensions subject to the PLU and additional studies. Information on the risks to which this property is exposed is available on the Géorisques website: »

Energy Consumption Energy Consumption (DPE)
Co2 Emissions CO2 Emissions (GES)

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€3,160,000

Wise Currency Conversion provided by Wise
€3,160,000 is approximately:
British Pounds: £2,686,000
US Dollars: $3,381,200
Canadian Dollars: C$4,645,200
Australian Dollars: A$5,214,000
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
Make an Enquiry Print this Page Save

Location Information

Seine-Saint-Denis (93), Paris Île-de-France
Region: Paris Île-de-France Department: Seine-Saint-Denis (93) Commune: Bagnolet (93170) Location: BAGNOLET View Large Map

For Sale By Agent

Agency: Selection Habitat Selection Habitat View Agency Find more properties from this Agent

Partner Services

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Property added to Saved Properties

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