Residential building for sale - 1920 Martigny, Rue De La Bâtiaz 22

Located in the heart of the city of Martigny, on a pedestrian street, this building benefits from a prestigious environment recently revitalized by the municipality of Martigny.

Main features:

- Fully rented building with potential for expansion and enhancement.
- Untapped attic spaces that offer opportunities for conversion into apartments.
- Adjacent plot with 4 outdoor parking spaces included in the sale price.

Composition of the building:

Basement: Cellar and technical room

Ground floor: Well-known café-restaurant + tailor with shop window

1st floor: Restaurant area with kitchen + office equipment for the café-restaurant

2nd floor: 2.5-room apartment + 3.5-room apartment

Attic: Currently 6 unused guest rooms, possibility to convert into 2 apartments of 40 m² and 60 m² to increase the overall yield of the building.

Annex: 4 outdoor parking spaces that are currently not rented. It should be noted that the outdoor parking spaces have never been rented.

Figures:

Current net rental income: CHF 50,040.- per year

Projected rental income: Potential of CHF 104,760.- per year, taking into account improvement recommendations, including renting the outdoor parking spaces.

Key points:

- Minor renovations can update the rents.
- Converting the attic into two apartments will significantly increase the yield.
- The adjacent plot offers additional rental potential.
- Subsidies of CHF 120,000.- for the insulation of the building as well as for a new wood pellet heating system.

This investment opportunity offers a unique combination of stable current income and high growth potential.

Do not hesitate to contact us to receive the complete dossier with plans and additional photos. We look forward to providing you with more information.

Contact: Kempter Ruben at 078 861 13 07