Rue du Nil | High Income Rental Studio in coveted Montorgueil 75002 Paris
Soaring Ceilings in a Turnkey Studio with 6.43% Annual Income Yield
€ 335,000
€ 15,950 / m2
Fully furnished with rental backend

Apartment facts

Total n° of RoomsStudio
Size21 m2 / 226.04 sq ft
Floor1st (2nd floor American)
N° of BedroomsStudio
N° of Bathrooms1
KitchenOpen Kitchen, fully equipped
Floors (wood, tile)Hardwood
General ConditionExcellent, fully furnished

Building facts

SecurityYes
General ConditionExcellent

iscover an exceptional opportunity to own a piece of Parisian charm in the prestigious Montorgueil district of Paris’ 2nd arrondissement, one of the city’s most vibrant and sought-after neighborhoods. Fully renovated and sold turnkey with a solid rental backend – it is the perfect investment property and pied-à-terre.  

Key Features:

  • Impressive 9.2 ft (2.80 m) high ceilings
  • First-floor apartment in a quintessential Parisian building
  • Completely renovated to the highest standards with state-of-the-art amenities, and sold fully furnished and turnkey
  • Thoughtfully designed to maximize space and comfort
  • Open-plan living area with a fully equipped, modern kitchen
  • Stylishly renovated bathroom 

Location Highlights:

  • Prime location in the trendy Montorgueil district, on a charming pedestrian street
  • Surrounded by chic restaurants, cafés, and boutiques
  • Near Montorgueil market street famous for its high-quality produce and artisanal food shops
  • Walking distance to major Parisian cultural landmarks
  • Easy access to public transportation

The apartment’s recent renovation created a perfect blend of comfort and style. The open-plan design, accentuated by the impressive ceiling height, provides an airy and spacious feel rarely found in Parisian studios. Home chef’s will appreciate the fully equipped kitchen and the apartment’s location minutes from the Montorgueil market street’s many shops selling local produce.

For the investor, Rue de Nil offers excellent potential as a proven rental property, given its prime location, turnkey condition, and the appeal of the Montorgueil area to tourists and business travelers alike.  This property offers an impressive estimated annual triple-net investment yield of 6.43%. This rare combination of prime location, recent renovation, and strong rental potential makes this an attractive proposition particularly for investment buyers.

This apartment has it all – a prime location on a pedestrian street in the Montorgueil district that is near cultural attractions and public transportation, a modern renovation and open layout, and a rental backend already in place with strong income returns. 

Location

Paris: 2nd arrondissement

The second arrondissement has greatly transformed over the years. Starting out since the 12th century as the home to Paris’ merchants in what was then the outskirt of the city, today it is one of the most prestigious addresses for it’s diverse range of sights, shops, and restaurants. The northern edge of the 2nd contains several wholesale shops, merchants, and La Bourse, Paris’ stock exchange. The center of this arrondissement is where you will find great vintage shopping, hidden wine bars, and charming cobblestone streets.

Average price: €11,395/m2; -6.4% over one year; +19.5% over 10 years

No longer the neighborhood for finding a steal, but the 2nd arrondissement remains a solid real estate investment. The tougher neighborhoods around Saint Denis, fetch the lowest prices; closer to rue Réaumur and into the sought-after streets abutting the market street, rue Montorgueil, prices climb fast. Near the Garnier Opera and the rue de la Paix is the priciest part of the second.

Current Market Prices — 2nd arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Gaillon € 8,486 € 12,093 € 20,102
Vivienne € 8,721 € 11,644 € 16,634
Mail € 8,434 € 11,680 € 15,892
Bonne-Nouvelle € 8,065 € 11,048 € 14,668

Inquire about this property
Contact us
By phone
In France +33 (0)9 75 18 18 99
From the US (646) 921-9125
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