EXCELLENT INVESTMENT - BUILDING OF 12 UNITS IN QUINTO

At a glance

Description

Multi-family building with a mix of residential and artisanal activities of 1’234 m2 SUL, developed on 2 floors above ground, divided into 12 residential units on two separate stairs (4 units per floor) + 1 commercial unit, located in a mixed residential/artisanal context in the municipality of Quinto, Leventina/Tre Valli district, just 10 minutes from Airolo and 35 minutes from Bellinzona. The photos of the furnished spaces were created with AI. Built in 1970 and completely renovated in 2015 with a significant investment of around CHF 1.2 million, the building has received important improvements. The facades have been renovated with a 16 cm thick thermal insulation coat, ensuring excellent energy efficiency. The interiors boast modern kitchens and bathrooms, laminated parquet floors and porcelain stoneware tiles, while the new geothermal heat pump heating system distributed through floor serpentine ensures optimal comfort throughout the year. The offer is completed by PVC windows with triple glazing, a new electrical system, and a new roof insulation. The building is arranged as follows: BASEMENT: stairs, laundry room, cellars, thermal room, storage rooms, WC and changing rooms. GROUND FLOOR: entrance stairs with three independent entrances. FIRST FLOOR: entrance, 6 offices currently organized as 1 administrative unit that can possibly be transformed into two more apartments, and a mix of 3 apartments with 4.5 rooms and balcony, plus 1 apartment with 3.5 rooms and balcony. SECOND FLOOR: repeats the same configuration as the first floor, except for the office area which is located in the lower part of the building. The building has 18 outdoor parking spaces. Located in a renowned area for its abundance of hiking and cycling trails, the building is ideal for short-term rentals/AirBnb during all seasons, with Airolo and Andermatt offering a myriad of opportunities for winter sports. From the official valuation carried out in 2016, the values of the building were assessed as follows: - Real value: CHF 3’569’475 - Income value: CHF 3’477’825 - Market value: CHF 3’480’000 The building is in good condition but some apartments require improvement works, as well as the property's courtyard. Areas: VE SIA 416 (building volume): 3’700 m3 VMF SIA d 0165 (rentable area): 1’162 m2 SP SIA 416 (floor area): 1’290 m2 SPE SIA 416 (external floor area): 89 m2 SN SIA 416 (net area): 1’073 m2 SF SIA 416 (land area): 1’186 m2 SUL: 1’234 m2 In terms of income, calculated on the 2022 seasonal rentals, it presented a gross yield of 5.58% and a net yield of 4.96%. Finally, it is worth noting that the asbestos inspection report was negative, offering additional peace of mind to those who wish to invest in this building. DO NOT MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION! CL/6761

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