Bedrooms
Bathrooms
About this listing
🏢 Income-producing apartment building in Cresciano – 9 units and 5.64% theoretical net yield
In Cresciano, Municipality of Riviera, close to the village centre and well connected to public transport, we offer for sale an income-producing residential building comprising 9 apartments. An attractive opportunity for investors looking for a property with interesting returns and further potential for appreciation.
The building extends over five above-ground floors and stands on a plot of 1,187 m², with an indicative gross floor area of approximately 800 m². The property also includes 4 garages and 10 outdoor parking spaces, providing an additional benefit for tenants. The bus stop is only a short walk away.
🏠 Apartment mix
The property comprises:
- 1 studio apartment
- 1 x 2.5-room apartment
- 3 x 3.5-room apartments
- 4 x 4.5-room apartments
The apartments offer functional layouts and some include balconies. The building is partially rented, giving the future owner the opportunity to plan internal renovation works gradually and further enhance the value of the property over time.
🔧 Features and amenities
- Cellars
- Technical room
- Laundry room
- 4 garages
- 10 outdoor parking spaces
- Central oil heating
- Domestic hot water produced by boiler
- PVC windows with insulating double glazing
- Significant roof maintenance carried out in 2015
- Residential floors are not served by a lift
📈 Attractive investment opportunity
The theoretical annual net income amounts to CHF 95,880, corresponding to a theoretical net yield of 5.64% based on the asking price.
💰 Selling price: CHF 1,700,000
An appealing opportunity for investors seeking an income-producing residential property with nine units, ample parking and tangible potential for further value enhancement through the gradual refurbishment of the apartments.
Details of listing
