Apartment for sale - 6850 Mendrisio, Via Carlo Diener 12

In the municipality of Mendrisio, just steps from the train station and all major public services such as schools, supermarkets, and banks, we offer for sale a block of 5 completely renovated and rented 3.5-room apartments.

The surface area of the apartments is approximately 417 sqm, and they are composed and divided as follows:

3x 3.5-room apartments of 88 sqm
2x 3.5-room apartments of 75 sqm

- entrance hall
- living room/lounge with balcony
- separate kitchen
- two bedrooms
- bathroom with bathtub

The property is in good general maintenance condition and underwent a complete renovation in 2008. The most important works are:

- elevator
- heating system
- double-glazed PVC windows
- sanitary systems, drains, and water circulation pipes
- facade and thermal insulation
- roof with insulation package
- complete renovation of all apartments

Each apartment benefits from a cellar.

The property also includes a laundry room for the use of the condominium and common parking spaces for motorcycles and bicycles.

Sale prices:

- Apartment price: 1,385,000

- Garage: CHF 35,000.--

- 4 x Outdoor parking: CHF 20,000.-- each.

Current net income: 4%
Potential net income: 4.5%