Located on boulevard de la Villette, in the heart of a lively, well-connected district, this renovated former workshop represents a rare investment opportunity on the Paris market.

Measuring 30 m² under the Carrez law (31 m² on the ground), this property is sold fully furnished and equipped. It has been designed for immediate use as a tourist rental. The sale involves two co-ownership lots (residential + commercial), a configuration that enables the property to be used as a classified tourist accommodation.

The property's marketability allows it to be used as a legal business, which has become a particularly strategic factor in Paris.

In 2025, operations generated €20,438.43 net cash (after platform fees and concierge services), despite two months of voluntary shutdown. Projected over 12 full months, net income is estimated at around €24,500.

After deduction of annual charges (€1,364 condominium fees and €591 property tax), the net yield is around :

- 6.2% if the existing concierge service is retained (20%)
- 7.9% under direct management

The property is operated as 1-star accommodation, a classification deliberately chosen to optimize taxation and limit tourist tax.

Just a 3-minute walk from the Colonel Fabien metro station (line 2) and within easy reach of Belleville (lines 2 and 11), the address enjoys excellent accessibility and strong rental demand.

This turnkey asset is aimed at investors seeking a legal, structured Parisian product with a verifiable operating history and optimization potential.

Complete file including detailed history, financials and regulatory documents available on request.