Income-Generating Investment in the Center of Chiasso with High Potential for Appreciation
6830 Chiasso
Last checked 8 hours ago 159 days on the market
At a glance
Description
In the heart of Chiasso, in a strategic position just a few steps from the railway station, the Italian border, and all major services, we offer for sale an interesting income-generating property consisting of residential and commercial units. The property represents a solid investment, characterized by immediate income and concrete prospects for appreciation in the medium to long term. The building develops on four levels and comprises a total of 19 units , divided into 14 apartments , 5 commercial spaces and warehouses , and 3 external parking spaces . The land area is 781 m² , while the total rental area amounts to approximately 1'877 m² , ensuring a functional distribution of spaces and a good diversification of tenants. The building was completely renovated in 1992 and partially renovated in 2024, including the renovation of the facade, the restoration of the balconies and the roof, and the renovation of four apartments. The property presents itself today in good general conditions and does not require urgent interventions. The construction is of a mixed type in concrete and stone; the direct gas heating is in excellent condition, while the windows are partly equipped with double glazing in wood and partly with triple glazing in PVC. Located in the city center and free from historical or urban constraints, the building offers further flexibility in development and management. From a rental perspective, the property currently generates an annual income of approximately CHF 228'480 , with possibilities for increase up to approximately CHF 261'240 through the rental of the currently free units and the progressive adjustment of rents to market values. Further growth margins are represented by the possible reuse of some internal spaces, such as the conversion of a large office unit into several apartments, with a potential annual income estimated up to approximately CHF 290'400 . Thanks to the combination of central position, immediate income, and development potential , this property represents an interesting opportunity for investors looking for a stable income-generating property with growth prospects and positive cash flows even in the presence of bank financing.
