Residential building for sale - 1450 Ste-Croix

Located in the heart of Sainte-Croix, this building with 3 apartments is perfectly suited for an investment project. Whether you are a craftsman, investor, or individual, you will certainly be interested in its redevelopment potential.
A building full of charm and potential
Built in 1820, this character building has many advantages. It consists of three spacious apartments, a garage, three cellars, as well as a large attic of 182 m² gross on the ground, which can be converted into one or two additional apartments.
The existing apartments offer many possibilities, ranging from division into several units to a complete renovation, while preserving the charm of the old with beautiful parquet floors and period fireplaces. This building is especially suitable for a large-scale renovation project, allowing for the optimization of rental potential or offering a private individual the opportunity to arrange it to their liking and make it a unique life project.
Spacious and modular housing

• 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 on the ground with potential for conversion into one or more apartments
• Basement: Garage, technical room
• PPE millesimes established as needed

A strategic location
The building benefits from an ideal location in the center of Sainte-Croix, in immediate proximity to shops, public transport (bus stop and train station), and numerous parking spaces in white and blue zones.
An attractive rental yield
With two apartments immediately available and the potential for converting the attic, this building represents a rare opportunity for a profitable investment.
It is projected that after renovations, a yield of at least 6% is feasible. Several situations are conceivable regarding the departure or not of the current owner occupying the upper ground floor apartment, thus opening the discussion on different acquisition and management possibilities of the property.
Technical aspects and renovations

• Heating: Oil with distribution via radiators (boiler replaced in 2015)
• Electricity: Brought up to standard in 2015
• Water and electricity: Already connected in the attic for future development
• Each apartment has an individual boiler for hot water
• The building is connected to gas and oil, but currently heated with oil

An opportunity not to be missed!
This building represents an ideal investment and enhancement opportunity in a charming and dynamic setting. With its spacious housing, development potential, and central location, it will attract investors and individuals wishing to realize a beautiful real estate project there.
Don't hesitate to contact us to arrange a visit!