Located in the heart of Sainte-Croix, this building with three apartments is perfect for an investment project. Whether you are a craftsman, an investor, or a private individual, you will certainly be interested in its redevelopment potential.
A Building Full of Charm and Potential
Built in 1820, this characterful building has many assets. It consists of three spacious apartments, a garage, three cellars, and a large attic of 182 m² gross floor space, which could be converted into one or two additional apartments.
The existing apartments offer numerous possibilities, from subdivision into multiple units to a full renovation, while preserving the charm of the old with beautiful wooden floors and period fireplaces. This building is particularly suited for a major renovation project, allowing optimization of rental potential or offering a private owner the opportunity to design it to their liking and create a unique living space.
Spacious and Flexible Apartments
A Strategic Location
The building benefits from an ideal location in the center of Sainte-Croix, in close proximity to shops, public transport (bus stop and train station), and numerous white and blue parking spaces.
Attractive Rental Yield
With two apartments immediately available and the potential to convert the attic, this building represents a rare opportunity for a profitable investment.
It is projected that after renovation work, a return of at least 6% is achievable. Several scenarios are possible regarding the departure or retention of the current owner-occupier of the upper ground floor apartment, opening discussions on different acquisition and management options.
Technical Aspects and Renovations
An Opportunity Not to Be Missed!
This property represents an ideal investment and value-enhancing opportunity in a charming and dynamic setting. With its spacious apartments, conversion potential, and central location, it will appeal to both investors and private individuals looking to undertake a great real estate project.
Don't hesitate to contact us to arrange a visit!
A Building Full of Charm and Potential
Built in 1820, this characterful building has many assets. It consists of three spacious apartments, a garage, three cellars, and a large attic of 182 m² gross floor space, which could be converted into one or two additional apartments.
The existing apartments offer numerous possibilities, from subdivision into multiple units to a full renovation, while preserving the charm of the old with beautiful wooden floors and period fireplaces. This building is particularly suited for a major renovation project, allowing optimization of rental potential or offering a private owner the opportunity to design it to their liking and create a unique living space.
Spacious and Flexible Apartments
- Lower Ground Floor: 4.5-room apartment – 103 m² (Lot 1) + 3 cellars, a guest WC, and a storage room
- Upper Ground Floor: 3.5-room apartment – 133 m² (Lot 3) with an independent room (bringing the total to 4.5 rooms)
- 1st Floor: 6-room apartment – 165 m² (Lot 4)
- Attic: 182 m² gross floor space with potential for one or more apartments
- Basement: Garage, technical room
- PPE shares established as needed
A Strategic Location
The building benefits from an ideal location in the center of Sainte-Croix, in close proximity to shops, public transport (bus stop and train station), and numerous white and blue parking spaces.
Attractive Rental Yield
With two apartments immediately available and the potential to convert the attic, this building represents a rare opportunity for a profitable investment.
It is projected that after renovation work, a return of at least 6% is achievable. Several scenarios are possible regarding the departure or retention of the current owner-occupier of the upper ground floor apartment, opening discussions on different acquisition and management options.
Technical Aspects and Renovations
- Heating: Oil heating with radiator distribution (boiler replaced in 2015)
- Electricity: Upgraded to standards in 2015
- Water & Electricity: Already connected in the attic for future conversion
- Each apartment has an individual water heater
- The building is connected to gas and oil, but currently heated with oil
An Opportunity Not to Be Missed!
This property represents an ideal investment and value-enhancing opportunity in a charming and dynamic setting. With its spacious apartments, conversion potential, and central location, it will appeal to both investors and private individuals looking to undertake a great real estate project.
Don't hesitate to contact us to arrange a visit!