Rental Income Property with Buildable Plot and Potential for Appreciation

At a glance

Description

Located in a quiet and sought-after residential area of Sierre, this rental income property benefits from a green environment and a beautiful open view of the surrounding mountains, offering its occupants a peaceful living space while remaining close to amenities. The building consists of three apartments, all currently rented, guaranteeing immediate rental income. The distribution is as follows: two apartments with 4.5 rooms, spacious and bright, ideal for families, as well as a 2.5-room apartment perfectly suited for a single person or a couple. The current configuration ensures a good diversification of tenants and stable occupancy. Situated on a generous plot of approximately 1,000 m², the property presents a particularly interesting development potential. The land is in a mixed zone (residential and commercial) with 50% utilization, opening the door to numerous possibilities: extension of the existing building, new construction, or a project combining housing and commercial spaces. An additional advantage lies in the potential to optimize the existing volume. Indeed, the basement offers the possibility of converting two additional studios. A favorable preliminary ruling has already been issued by the municipality, representing a real opportunity to significantly increase rental income without acquiring additional land. Outside, the house is surrounded by a pleasant, tree-lined garden, offering valuable green spaces for tenants. The surroundings are well-maintained and contribute to the property's charm, enhancing its attractiveness on the rental market. Thanks to its location, its current fully rented configuration, and its high potential for appreciation, this property constitutes a rare opportunity for an investor seeking a secure investment with development prospects in the medium and long term. FIND ALL OUR PROPERTIES ON: www.progestimmo.ch

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Location & surroundings