Rental property with 4 apartments (4.61% net return)

At a glance

Description

Fully rented residential building - Rare investment opportunity For sale, charming residential building consisting of 4 apartments , fully rented, offering immediate income and secured return in a preferred sector (there is potential for optimization). A turnkey property for demanding investors: The building consists of: 3 apartments with 3 rooms , one with private terrace and garden , highly sought after by tenants 1 loft with mezzanine , in a contemporary style, offering a bright living area with sleeping area Ideal distribution: one apartment per floor, guaranteeing peace, comfort, and intimacy , highly valued advantages on the rental market. A worry-free investment: Building regularly maintained with care Professional management ensured by a local management company Apartments bright, well-appointed, and in excellent condition , perfectly aligned with current demand Additional services: Shared laundry room in the basement Garden with pergola , a real added value Independent workshop of about 20 m² , ideal for storage or secondary activity Parking spaces available in the immediate vicinity (CHF 50.--/month per parking space) Why invest? ? Immediate rental income ? Optimal occupancy rate ? Well-maintained building without major renovation work ? Stable and long-term investment A rare opportunity to acquire a residential building with security, attractiveness, and long-term potential . Monthey 1870 Monthey is located in the district of Monthey, in the canton of Valais. The population in the political municipality of Monthey has changed by an average of 1.2% per year over the last five years, with 18,886 inhabitants (as of December 31, 2023). The tax rate is 12.6% (canton: 12.8%). Over the last five years, the average annual construction rate of housing in the municipality was 1.2%, while the current vacancy rate is 0.1% (as of June 1, 2024). Property prices have changed by 12.2% over the last five years (canton: +21.4%).

Location & surroundings

Monthey 1870 Monthey is located in the district of Monthey, in the canton of Valais. The population in the political municipality of Monthey has changed by an average of 1.2% per year over the last five years, with 18,886 inhabitants (as of December 31, 2023). The tax rate is 12.6% (canton: 12.8%). Over the last five years, the average annual construction rate of housing in the municipality was 1.2%, while the current vacancy rate is 0.1% (as of June 1, 2024). Property prices have changed by ...

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Location & surroundings