Rental property with 6 apartments and view - 4.3% net

At a glance

Description

Located in a quiet residential area of La Neuveville, close to amenities, transportation, and the lake, this rental property represents a good opportunity for investors looking for a stable investment with interesting potential for value appreciation. The building consists of six apartments spread over three levels, with two units per floor. Composition of the building 3 apartments with 2.5 rooms of approximately 55 m² habitable (north side) 3 apartments with 3.5 rooms of approximately 70 m² habitable (south side) A private balcony for each apartment Unobstructed view of the lake from the upper floors Direct access to the communal garden for the ground-floor apartments Basement and communal areas A private cellar for each apartment A communal bicycle room A large communal garden available to tenants Technical Heating is provided by an oil boiler. The building has undergone regular maintenance over the years and is in good general condition. Some apartments could be renovated, offering the future owner the opportunity to improve the rental value and return on investment. The building is erected on a superficie right running until January 2, 2067. With all apartments currently rented, the buyer will immediately benefit from rental income while maintaining an interesting potential for medium- and long-term value appreciation. The current net yield is estimated at around 4.3%. Whether you are looking for a long-term investment or a property with value appreciation potential, this building will meet your expectations. We are at your disposal to transmit the complete sales file and organize a visit on site.

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Location & surroundings