Two rental properties in a central location in St. Gallen

At a glance

Description

At a central and well-connected location in St. Gallen, two adjacent multi-family houses on Oberstrasse 29 and 33 are for sale. The offer includes a total of 14 apartments, a studio/atelier, as well as additional garage and outdoor parking spaces. Additionally, a separate plot with three double outdoor parking spaces belongs to the Oberstrasse 33 property. The two multi-family houses, built in 1918, are located in a grown residential environment near the city center. Shopping facilities, schools, kindergarten, bus stops, and St. Gallen train station are easily accessible. The location thus offers an attractive combination of urban infrastructure, good mobility, and diverse rentability. Particularly interesting is the development potential of the properties. Through targeted modernizations of apartments, building envelopes, and technical installations, the objects can be further upgraded and positioned in a market-oriented manner. This opens up attractive perspectives for investors to achieve long-term value growth and optimization of returns. The properties are located in the residential and commercial zone WG4a. The total land area is approximately 821 m², consisting of 289 m² for Oberstrasse 29, 367 m² for Oberstrasse 33, and 165 m² for the additional parking plot. Key data: Address: Oberstrasse 29 + 33, 9000 St. Gallen Object type: Two multi-family houses / rental properties Year of construction: 1918 Apartment mix Oberstrasse 29: 9 small apartments with living areas of approximately 22 m² to 69 m² Apartment mix Oberstrasse 33: 5 apartments, including 3x 5-room apartments with balconies, one 3-room apartment, one 1-room apartment, and a studio/atelier on the ground floor Building zone: Residential and commercial zone WG4a Parking: 2 garages, 5 outdoor parking spaces, and 3 double outdoor parking spaces on a separate plot These two properties are ideal for investors looking for a centrally located rental property with existing substance, diverse apartment mix, and additional development potential. Have we sparked your interest? We would be happy to send you the detailed sales brochure.

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