Building with 3 rented apartments at a yield of 4.26% guaranteed and potential of 4.93%

At a glance

Description

Rental property in the center of DorénazDiscover this building with 4 apartments + 1 separate room, ideally located in the heart of the village of Dorénaz, in immediate proximity to amenities and transportation.Possibility of creating a duplex by combining the 3-room apartment on the 2nd floor with the attic, subject to an investigation and the necessary permits. Composition: 1 apartment with 2.5 rooms, 30 m2, rented for 900.-/month 2 apartments with 3.5 rooms, 48 m2, rented for 1'050.-/month and 1'250.-/month 1 apartment under the attic, 2.5 rooms, 25 m2, used by the owner (no permit for use as living space) 1 separate room, 7 m2, used as an annex (no permit for use as living space) Main advantages: The entire building was renovated in 2022 Good general condition, no planned renovations Attractive rental income Central location, close to shops, schools and highway access A covered parking space and an outdoor parking space complete this property.This building represents an excellent investment opportunity, whether for a stable return or the creation of a lasting real estate portfolio.Location: Dorénaz, a dynamic municipality in the region, offering a pleasant living environment between plain and mountain. Dorénaz 1905 Dorénaz is located in the district of Saint-Maurice, in the canton of Valais. The population in the political municipality of Dorénaz has changed by an average of 2.6% per year over the last five years, with 1,103 inhabitants (as of December 31, 2023). The tax rate is 12.8% (canton: 12.8%). Over the last five years, the construction of housing in the municipality has averaged 2.4% per year, while the current vacancy rate is 2.3% (as of June 1, 2024). Real estate prices have changed by 29.4% over the last five years (canton: +21.4%).

Features & amenities

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Location & surroundings