Building to renovate - renovation project and permit in force - high potential return

This residential building located in the charming town of Moutier hides behind its ancient facade an exceptional potential, with a turnkey project and approved permit. In its current state, the building generates net rental income of CHF 2'200 per month thanks to the rental of the commercial unit, offering an immediate return of 4.5% net. With the project for a complete renovation, the 5 apartments and parking spaces planned would increase the net return to 6.9%. Moutier, perfectly located like a platform directed towards Biel, Solothurn, Basel or Delémont, this building is an ideal choice for a real estate development project. It also has the advantage of being located in the heart of the city, in a street full of history and charm. Since the file cannot represent the value of this project, a discussion on site or by phone is strongly recommended. For the more adventurous wishing to travel through time, a visit can be organized. Has this project piqued your curiosity? Ask for the file and contact me to discuss.