Residential building for sale - 1907 Saxon

This income-generating building is ideally located in the heart of the village of Saxon and offers exceptional potential for investors. Composed of ten apartments, an adjoining barn with workshop, and six parking spaces, it also benefits from an authorized construction project for four new apartments with three covered parking spaces.

Currently, all apartments are rented, generating a net rental income of 128,000 CHF per year, representing an attractive yield of 5.02%. The building spans five levels, with apartments ranging from 2.5 to 4.5 rooms, featuring balconies and terraces that provide comfort and brightness.

The windows have been replaced with PVC, the roof and insulation were renovated in 2022, and several apartments have been refurbished with paint and modern kitchens. Built in 1960 and 1990, this building combines charm, solidity, and modernity.

With its central location, immediate rental income, and already validated development project, this property represents a rare opportunity to invest in a building that offers both security and future appreciation.

The building is distributed over 4 levels as follows:

Basement

• 8 cellars
  
  Ground floor
  
• stairwell
  
• two 2.5-room apartments
  
• Several terraces
  
  1st floor
  
• stairwell
  
• terrace
  
• balconies
  
• one 3.5-room apartment
  
• one 4.5-room apartment
  
  2nd floor
  
• stairwell
  
• balconies
  
• one 3.5-room apartment
  
• one 4.5-room apartment
  
  3rd floor
  
• stairwell
  
• balconies
  
• one 3.5-room apartment
  
• one 4.5-room apartment
  
  Attic:
  
• stairwell
  
• one 3.5-room apartment
  
• one 4.5-room apartment
  
  Completing this property:
  
• Project for 4 apartments with 3 covered parking spaces, with plan and inquiry
  
• 6 outdoor parking spaces
  
• adjoining barn with workshop
  
  Features:
  
• Current net yield per year: CHF 128,000.-
  
• Yield of 5.02%
  
• Year of construction 1960 & 1990
  
• Windows replaced throughout the building with PVC
  
• Renovation of the roof and insulation in 2022
  
• Renovation of several apartments in 2022 (painting, kitchens)
  
• Very nice location
  
  Saxon:
  
  In the heart of the Alps, our wonderful village, located in the heart of the rocky massif of the Alps, in the lush plain of the Rhône, will present its finest assets hoping that your visit will not be limited to just that on our site. For many years, the population of Saxon has wished to open up to the rest of Switzerland, Europe, and the whole world. www.saxon.ch
  
  Do you want more details, to visit it? Contact me by phone, email, or come meet us (by appointment) at our agency in Martigny and we will gladly provide you with information.
  
  Find all our properties at www.valimmobilier.ch