Renovated Multi-Family House with Attractive Returns in Biel/Bienne

At a glance

Description

This interesting multi-family house convinces with its central location, stable rental situation, and versatile apartment mix. The property consists of a total of 9 residential units and offers an attractive investment opportunity with long-term potential. The multi-family house includes: 1x 5.5-room maisonette apartment 1x 3.5-room apartment with large terrace 1x 4.5-room maisonette apartment 4x 2.5-room apartments 2x studio apartments 6 outdoor parking spaces The current rental income is CHF 120,000.- per year. The multi-family house is currently fully rented. One apartment will be available for rent in the near future, but will be directly re-rented by the ownership. The property was renovated in 2017. Additionally, three more apartments have been completely renovated in the meantime. Four more apartments are also in good condition. The property is located in a central and well-connected location. Shopping facilities like Migros, public transport, and other important infrastructure are in the immediate vicinity. The Rue Jakob school is easily accessible on foot in about 10 minutes. The location is particularly attractive due to its proximity to the river and the sunny surroundings, which are highly appreciated by tenants. The combination of central living, good accessibility, and pleasant living environment ensures sustainable rentability of the apartments. An interesting investment object for investors who value stable income, central location, and long-term potential. Advantages of the property: Fully rented multi-family house with stable rental income Attractive annual rental income of around CHF 120,000.- Central location with Migros and bus stop in immediate vicinity Core renovation in 2017 Good mix of different apartment sizes Additional potential for value enhancement

Features & amenities

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Location & surroundings