Rental property with expansion potential ? 3 apartments ? Oron (VD)

At a glance

Description

Located in a green environment of the Oron region, this rental property in PPE represents an interesting opportunity for investors looking for a property generating immediate rental income with potential for future appreciation. Fully renovated in 2010 and currently in very good condition, the building consists of three spacious apartments currently rented, offering a stable rental situation with tenants already in place. Composition of the building Ground floor: Apartment with 4.5 rooms Living area: 106 m² Terrace: 19.08 m² Rent: CHF 2'350.– / month including charges Apartment with 3.5 rooms Living area: 85 m² Terrace: 21.65 m² Rent: CHF 2'100.– / month including charges First floor and attic: Duplex apartment with 5.5 rooms Area: 150 m² Rent: CHF 2'550.– / month including charges Common areas: Staircase: 16.60 m² Technical room: 4.60 m² Outdoor areas: The property extends over a plot of 951 m², including: Outdoor areas and access 9 outdoor parking spaces, rented for CHF 60.– / month each Financial data: Rental status of apartments: CHF 7'000.– / month Parking revenue: CHF 540.– / month Total monthly rental income: CHF 7'540.– Total annual rental income: CHF 90'480.– Indicative gross yield: around 5.3 % The three apartments and the parking spaces are rented, allowing the buyer to immediately benefit from rental income. Development potential: Subject to verification of the PACOM, the property has potential for expansion of approximately 300 m², offering an interesting perspective for optimization and increase of yield in the medium term. Location: The property is located in a green setting of the Oron municipality, while benefiting from good accessibility to regional centers. The infrastructure includes: Shops and services in Oron-la-Ville Schools and communal facilities Palézieux train station, connecting to Lausanne, Fribourg, and Bern

Location & surroundings

The property is located in a green setting of the Oron municipality, while benefiting from good accessibility to regional centers.

All characteristics

Media

Location & surroundings