Mixed-use building for sale - 1908 Riddes

Ideal for investors: building with two apartments
Opportunity!

A building with two apartments of 3.5 rooms and two outdoor parking spaces that are currently rented in a quiet area of Riddes, a charming municipality in central Valais. The village benefits from strong demographic growth driven by dynamic economic development (notably with the opening of IKEA) and a pleasant living environment between plain and mountain.

The property is registered in PPE with the land registry.

Room distribution
Ground floor apartment (72 m2)
- An entrance with a wall cabinet
- A fitted kitchen
- A bathroom (bathtub, toilet, and sink)
- A living room
- Two bedrooms
- A cellar

First floor apartment ( 72 m2)
- An entrance with a wall cabinet
- A fitted kitchen
- A bathroom (bathtub, toilet, and sink)
- A living room
- Two bedrooms
- A cellar

Parking:
- Two outdoor parking spaces

Annex:
- A laundry room

Work:
- Peripheral insulation
- Window replacement
- Interior painting renovation
- Replacement of household appliances

Rental income:
- Current gross income: 24,000.-/year
- Possible gross income: 32,400.-/year

Cadastral and legal information:
- Parcel No. 905
- Plan No. 14
- Villa zone
- Sensitivity degree II
- Municipality of Riddes, Valais

Tax information:
- Building taxes: CHF 165,930.-
- Property taxes: CHF 6,600.-
- Indexation: 153
- Coefficient: 1.25

Virtual visit available!

Contact us for more information!