6 rental apartments - approx. 4% yield
1219 Le Lignon
Last checked 1 Tag ago 8 days on the market
Purchase price
CHF 3’950’000.–
At a glance
- Available from
- On request
- Property type
- Multi-family house
- Year built
- 1970
- Last renovation
- 2023
- Last renovated
- 2023
- Shops
- 127 m
- Primary school
- 310 m
- Public transport
- 35 m
Taxes per year
Description
Balocco Immobilier is pleased to present to you, in exclusivity, an investment opportunity in Lignon, Geneva: A portfolio of 6 rental apartments offering excellent rental stability. Comprising apartments ranging from 3 to 5 rooms, this real estate ensemble benefits from an annual net rental income of CHF 152'028.- excluding charges, or CHF 163'656.- including charges. The apartments can also be acquired in groups of two. We remain at your disposal for any additional information on this subject. The distribution of the properties is as follows: 1st floor : 5-room apartment - rental income of CHF 30'600.-/year NK Kitchen, floors, bathroom and paintings entirely renovated. 5th floor : 4-room apartment - rental income of CHF 22'800.-/year NK Kitchen, floors, bathroom and paintings entirely renovated. 6th floor : 3-room apartment - rental income of CHF 15'828.-/year NK 7th floor : 4-room apartment - rental income of CHF 33'600.-/year NK Kitchen, floors, bathroom and paintings entirely renovated. 8th floor : 3.5-room apartment - rental income of CHF 20'160.-/year NK 11th floor : 5-room apartment - rental income of CHF 29'040.-/year NK Kitchen, floors, bathroom and paintings entirely renovated. Rental income Annual net rental income: CHF 152'028.- NK Annual gross rental income: CHF 163'656.- IK Note that an indoor parking space is rented by the management for each apartment. An ideal opportunity for investors looking for a profitable residential portfolio in Geneva.
Location & surroundings
CHF 3’950’000.–
1219 Le Lignon