ATTENTION INVESTORS!!! Potential short sale (acceptance of any offer will be subject to the lender's approval). This downtown Paris 5-unit building will appeal to the most savvy investors among you. This owner has done the important work of thoughtfully designing a building in a way that honors its character, while planning for a modernized space capable of drawing the higher end of rents in charming downtown Paris. The property has been gutted, and most framing has been added to accommodate this reimagining. The owner has handled a bulk of the expensive and valuable work---roughed-in plumbing, some electrical, new windows, new vinyl and a new roof. This opportunity is ready for you to take off running with. Current work has been done to prepare for one 2 bedroom unit, three large 1 bedroom units and one studio. Do a bit of back of the napkin math and you'll quickly find numbers could look very good for this property, whether you want to go with your own plans, or cruise straight ahead with this current vision for a higher end product. There just aren't many NICE apartments in downtown Paris, so the sky is the limit for what you can do here. Fun thought---note the entry and staircase. Maybe this could be a really neat boutique hotel?
