property for sale

General

Address: 46800 MONTCUQ, France
Type: Property
Area: 459 m2
Bathrooms: 0
Balcony: Yes
Terrace: Yes
Cellar: Yes
Price: 194 000 €
Ref. auSud 702841
Ref. Agence 12033335528

Information

In the heart of the tourist village of Montcuq-en-Quercy-blanc, come and discover this stone building with high profitability potential dating from 1783 offering 459m2, currently divided into 8 dwellings (2 apartments and 6 studios) with the possibility of creating premises commercial on the ground floor. To date, 1 apartment and 1 studio are rented respectively for €280 and €267 monthly excluding charges. The entire building requires a complete renovation, including insulation, bringing the electricity up to standard, as well as replacing the joinery. The current layout can be modified, offering the possibility of creating a single dwelling with cellars or a business on the ground floor, or 3 apartments and 5 studios. The rate of return after work is estimated at 7%. You are free to express your ideas for redevelopment. In addition, there is the possibility of setting up a small terrace of 14m2 and a roof-top with a maximum area of 57m2. This building, full of history, simply awaits your expertise to bring its many charming details from the period back to life. Don't miss this opportunity!

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