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 an income 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, providing contemporary 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 additional 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, offering flexible usage options.
Konkordiaweg 4a is one floor lower than Konkordiaweg 4, allowing for the possibility of adding another floor to the property.

Additionally, there are basement rooms in the house that provide tenants with extra storage space.
The property impresses with its prime location, excellent public transport connections, and proximity to various shopping options. The combination of a central yet quiet residential area and the highly sought-after apartments makes this multi-family house an extremely desirable address. Therefore, no vacancies are to be expected.
From 2019 to 2024, the interior of the property was completely renovated, and the surrounding area is currently being redesigned.

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

THE MOST IMPORTANT POINTS AT A GLANCE:

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

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