OWN A PIECE OF THE OLD WORLD IN BEAUTIFUL ROME
**FONTANA DI TREVI AREA**
Perfect Pied-A-Terre or Investment! Second floor 1Br/1Bath Apt, Bright, Views to the Court Yard Garden, Perfect for Investment or as a Pied-A-Terre, Approx. 45 Sq Meter / 486 Sq Ft. Tenant in place, Lease expires July 1st,2016, Tenant interested in staying on board if an Investor is willing to offer a new Lease. Owner is going to renovate the bathroom; after this improvement the rent may be increased to 1,900€ / $2,095.70 US. Another source of Income if the apartment is purchased as a Pied-A-Terre, it may be rented short Term when the new Owner is not using it.
Four people can sleep comfortably in the unit. If the apartment is rented short term to the Tourists, which is allowed given the Area is Touristic, the Yearly Income can be of 50,000€ / $55,125 US.
Common Charges: 93.34€ / $103.08 US per Month (280€ / $309.39 US every Quarter)- Paid by Tenant
Property Tax: 75€ / $82.86 US per Month (900€ / $993.87 US per Year)- Paid by Owner
Current Tenant pays: Rent- 1,500€ / $1,654.50 US, in addition to Common Charges, Water, Electric, Gas Cable, Internet, Garbage Disposal & Tenant Tax.
Owner pays: Only the Real Estate & Income Tax.
ASKING PRICE: $788,000/ 700,000 €
For more Information Visit: ROME