Residential building for sale - 2503 Biel/Bienne

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

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

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

The adjacent house at Konkordiaweg 4a features 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 one floor lower than Konkordiaweg 4, allowing for an examination of the possibility of extending the property.

In addition, there are cellars in the basement of the house, offering tenants additional storage space.
The property boasts a 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 expected.
Between 2019 and 2024, the interior of the property was completely renovated, and the surrounding area is currently being redesigned.

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

THE MOST IMPORTANT FACTS AT A GLANCE:

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

For further information, please do not hesitate to contact us.

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