Investment Building
Advert Reference: AF23068
For Sale By Agent
Agency: Abafim Immobilier View Agency Find more properties from this Agent€109,000 is approximately: | |
British Pounds: | £94,830 |
US Dollars: | $115,540 |
Canadian Dollars: | C$159,140 |
Australian Dollars: | A$180,940 |
Key Info
- Type: Residential (Apartment), Business (Apartment Building / Block Of Flats, Hotel)
- Bedrooms: 4
- Habitable Size: 419 m²
- Land Size: 290 m²
Features
- Garden(s)
- Gîte(s) / Annexe(s)
Property Description
Located 20 minutes north of Tarbes, on a business road, this investment building is composed of two commercial premises (one let out) and two apartments (one let out). With a budget for work, four additional apartments can be created.
The ground floor consists of a 61 m² commercial premises that has been done up like new (let out for Euros557/month) and another commercial premises that is vacant (160 m² that can be transformed into an adjoining 94 m² apartment and a commercial premises of 66 m². This part has a 45 m² cellar beneath it.
The first floor is composed of a 106 m² apartment with two bedrooms that is let out for Euros450/month and another apartment (92 m²) that can be separated into two in order to have a one-bedroom apartment and a two-bedroom apartment. This level has a 25 m² interior courtyard that is not overlooked.
The second floor is composed of an attic measuring about 70 m² that can be converted into two 35 m² one-bedroom apartments with a balcony.
This work could increase the rental revenue by Euros2500 to reach a total of Euros3500/month.
The roof is tiled and also has slate tiles. The building is connected to mains gas. The majority of the windows have window frames and single glazing. The property is connected to mains drainage.
Located 20 minutes north of Tarbes, from a high-speed train station (TGV) and the motorway; 25 minutes from a golf course and an airport; 35 minutes from Lourdes; 45 minutes from Pau; an hour from Spain; an hour and 20 minutes from ski slopes; an hour and 45 minutes from Toulouse; an hour and a half from Biarritz and the Atlantic Ocean.
€109,000 is approximately: | |
British Pounds: | £94,830 |
US Dollars: | $115,540 |
Canadian Dollars: | C$159,140 |
Australian Dollars: | A$180,940 |
Location Information
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