Apartment building with 6 units in Mellingen old town - solid return

At a glance

Description

In the heart of Mellingen's old town, this well-maintained apartment building presents itself with development potential - ideal for long-term investors. Investment Highlights NET return 5.9% with net rents of CHF 177,000 per year 6 units : 1× 2.5-room, 5× 3.5-room; former restaurant area can be planned as additional living space (e.g. 1× 3.5-room or 2× 2.5-room) Central old town location at Scheunengasse 10 - just a few steps to Reuss, Coop shopping, and bus 5 outdoor parking spaces , several balconies/loggias, mailbox system Availability : immediately Building & Condition Year of construction 1895; renovations include: 1998 facade/windows/roof/plumbing, 2005 replacement oil heating, 2011 apartment renovations, 2018/19 dissolution of restaurant/project planning for additional living space 3 floors plus attic, Total approx. 24 rooms, 6 bathrooms/WC and separate WC's Net living area per floor 215 m²; basement/auxiliary rooms approx. 95 m²; plot 262 m²; GVZ volume 2,751 m³ Heating: oil Location & Accessibility Mellingen-Heitersberg train station approx. 1.0 km (S-Bahn S11) Motorway connections Mägenwil/Brunegg in a few minutes Schools, kindergarten, Coop/Denner in the village; recreation on the Reussuferweg Purchase Conditions Purchase price : CHF 3,000,000 Net rental income : CHF 177,000/year Gross return : 5.9% In summary: A residentially strong return object in Mellingen's old town with stable returns and clearly recognizable development potential.

Features & amenities

All characteristics

Location & surroundings