Excellent investment opportunity close to the Gare de l'Est and Gare du Nord, in a charming and highly sought after neighbourhood. The hotel is a typical Parisian building consisting of 6 floors with 54 well furnished bedrooms all with a colour tv, bathroom with dryer, direct telephone, located near the Gare du Nord, (eurostar, thalys, proximity to the Gare de l'est, (strong developpement in the futur of european lines to the East), traditionnal baker to the left of the hotel. Floor plans and balance sheet available. A solid and very attractive rental income is guaranteed. This is a very cosmopolitan area, home to two of the large railway stations: Gare de l'Est and Gare du Nord (Eurostar). The area is lively and more working class around the stations, and blends into calmer districts to the south. Boulevard Magenta is a very busy area but as you head east you approach the up and coming area of the Canal St Martin. The canal has become popular with a trendy crowd and is pedestrian-only on weekends, offering a relaxed atmosphere in which to stroll, enjoy the eclectic cafes or browse the small boutiques. To the south you head to the bustling Place de la Republique with its restaurants, bars and cafes.