Apartment building with 9 units and construction potential W4

At a glance

Description

Located in a central location on Lenzburgerstrasse 3 & 5 in Mellingen (AG), this well-maintained residential and commercial building with 9 units offers a rare combination of stable returns, many parking spaces, and development potential W4 - ideal as a long-term investment. Object : Apartment building with commercial share (restaurant/butcher shop on the ground floor), built in 1904, renovated in 1996, 3 floors. Areas : 1255m2 gross living/commercial area; additional usable/commercial areas according to inventory; plot approx. 1'699 m². Parking : 28 outdoor parking spaces and 2 separate single garages on the property. Return : Current net rent approx. CHF 260'000 p.a.; purchase price CHF 3'714'000; initial return around 7.0% p.a. Condition : Kitchens/bathrooms/floors intact; high-quality building envelope; windows in normal condition; fire protection concept Restaurant Linde available. Location : Visible and central. S-Bahn S11 at 30-minute intervals (Baden 8 minutes, Lenzburg 12 minutes, Zurich HB approx. 30 minutes); A1 connection Mägenwil in approx. 5 minutes; shopping and schools on site; Reussufer and Heitersberg for local recreation. Address & Key figures : Lenzburgerstrasse 3, 5507 Mellingen | Parcel number 671 | EGRID CH598385889504 | EGID 541707. Availability : immediately. Conclusion : Substantial investment object in the canton of Aargau with stable cash flow, many parking spaces, and potential for optimizations within the framework of approvals.

Features & amenities

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Location & surroundings