Residential building for sale - 2503 Biel/Bienne

The extraordinary multi-family house at Konkordiaweg 4 and 4a, built in 1922, represents an excellent investment opportunity for investors looking for a high-yield property in a central location.

The property consists of two interconnected buildings, each extending over three or four floors.

At Konkordiaweg 4 there are 18 studio apartments, many of which have an outdoor area or a balcony.
The apartments are equipped with open kitchens and modern bathrooms with showers, ensuring modern and efficient living comfort.

The adjacent house at Konkordiaweg 4a has a spacious 3-room apartment on the upper floor.
On the ground floor there are two more 2-room apartments.
In one of these apartments, the bedroom is located in the basement of the property.
This apartment is approved as a studio and thus offers flexible usage possibilities.
Konkordiaweg 4a is located one floor lower than Konkordiaweg 4, which allows for an examination of the possibility of extending the property.

In addition, there are cellars in the basement of the house, which offer tenants additional storage space.
The property convinces with its prime location with excellent public transport connections and proximity to various shopping facilities. The combination of a central yet quiet residential location and the highly sought-after apartments makes this multi-family house a highly desirable address. Consequently, no vacancy is to be expected.
From 2019 to 2024, the interior of the property was completely renovated and the surroundings are currently being redesigned.

Take advantage of the long-term yield potential in this central location.

THE MOST IMPORTANT FACTS IN BRIEF:

- Attractive yield
- Popular residential area
- Photovoltaic system
- Generous garden area
- Open kitchens
- Central location
- Spacious floor plans
- Completely renovated from 2019 to 2024
- Construction zone 3 / mixed zone
- 18x Studio, 2x 2.5 rooms, 1x 3.5 rooms

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