Rental income building with optimization potential
Rue Centrale 85, 1964 Conthey
Last checked 47 minutes ago Online today
Purchase price
CHF 1’760’000.–
- 750 m²
- Plot
At a glance
- Available from
- Immediately
- Property type
- Multi-family house
- Year built
- 1934
- Shops
- 816 m
- Primary school
- 2'055 m
Equipment
Taxes per year
Description
Located in a sought-after location in the center of the village of Plan-Conthey, close to all amenities, this rental income building offers an interesting opportunity for investors looking for an asset with secure rental income and potential for appreciation. The building consists of 5 apartments distributed between a main building and an annex: - 2 studios - 1 apartment with 3.5 rooms - 1 apartment with 2.5 rooms - 1 duplex with 8 rooms and a terrace - 2 garages - 4 outdoor parking spaces - Currently, all apartments are rented, with the exception of the duplex with 8 rooms. One of the main advantages of this property is the possibility of reconfiguring the duplex with 8 rooms into two apartments with 3.5 rooms, thus optimizing rental income. Based on this configuration, the projected gross yield is estimated to be around 5%. The building has been carefully maintained over the years and is in good general condition. A constitutive act of PPE has already been established, with the possibility of adapting it before the sale. A quality investment, combining immediate rental income, potential for increased yield, and long-term appreciation.
Location & surroundings
- Bus Conthey, Village 80 m
- Bus Conthey, Village 87 m
- Bus Vens (Conthey) 268 m
- Bus Conthey, Cave Provins 327 m
- Heating
- Boiler · Oil
- Hot water
- Boiler · Oil
- Dwellings in building
- 1
- Floors
- 1
Source: FSO – Federal Register of Buildings and Dwellings (RBD) · As of 2001
CHF 1’760’000.–
1964 Conthey