BIASCA - VENDO stabile in locazione - redditività CP 18 %

In an excellent central location in Biasca, we offer an income-generating property with 8 rental units.

This interesting real estate property is built on a 1,036 sqm plot and includes:

• The main building, a historic house with 8 apartments of 2.5 and 3 rooms, and two commercial spaces on the ground floor. It was renovated and expanded in 1995;

• A stone rustic building, suitable for renovation;

• A separate building with 4 garage boxes;

• A covered parking area;

• An annex used as storage;

• A plot of 485 sqm still available for construction.

All apartments feature:

• Fitted and equipped kitchen;

• Living room with fireplace or pellet stove;

• Bathroom with bathtub and/or shower.

Currently, no renovation work is required, although improvements or transformations are naturally possible.

Also ideal for further development with an expansion of the rental area.

The current gross annual income is CHF 85,000, equivalent to 6.50%, while the return on invested equity is estimated at 18%.