Residential building for sale - 2503 Biel/Bienne

Charming property consisting of two semi-detached houses, with 5 rented apartments spread over 3 floors. On the raised ground floor, there is a 7-room apartment that extends over both halves of the house (No. 47 and No. 49). The house half with No. 47 is located in the west and the house half with No. 49 in the east. On the first floor, there is a 4 1/2 (No. 47) and a 2 1/2 room apartment (No. 49). On the 2nd floor, there are two 3 1/2 room apartments in their original layout. A gentle renovation of the house built in 1929 could improve rental income. Several identically built neighboring houses have already been renovated.

Yield property for experienced investors

The condition and equipment of the property are intact. All apartments are rented. The equipment is largely outdated. The last renovations concern the kitchen and bathroom of the raised ground floor apartment (2013), facade, shutters, and plumbing work (2018). All windows have been replaced in stages, first with double glazing and finally with triple glazing plastic windows (2020).

Basement:
several cellars, floor made of lean concrete, ceiling wooden Hurdis ceiling with backfill
Oil tank of 10,000 liters,
Boiler room with an oil heating system from 2000, hot water storage of 250 l, service subscription with annual heating revision. The heating works perfectly. The ceiling is concrete
Laundry room: concrete ceiling, small window

Raised ground floor: 7-room family apartment, the original two 3 1/2 room apartments have been combined. This resulted in the apartment having two house and apartment entrances. A kitchen was converted into a larger bathroom. Thus, the apartment only has one kitchen and one bathroom, with shower, toilet, and separate bathtub. In addition, the apartment has a back exit to the garden and seating area.

1st floor
The house with No. 47, in the west, has a 4 1/2 room apartment on the first floor. The apartment has a small balcony to the south. This apartment is intact but in need of renovation.

The house with No. 49, located in the east, houses a 2 1/2 room apartment. The condition is still to be determined.

2nd floor

The apartment of house No. 47 is in good condition (see photos). This apartment has recently been completely repainted.
The condition of the apartment of house No. 49 is still to be determined.