Residential building for sale - 6648 Minusio, Via San Gottardo 50a

For sale is a corner single-family house with two rented apartments on the ground floor and first floor and two parking spaces, as well as an apartment building with two entrances and a total of 15 apartments and a store with two garage spaces and two underground parking spaces. The properties have been continuously renovated. The single-family house is let to two long-term, solvent tenants. The apartments in the apartment building are in high demand due to the central location to the city, the lake, and the mountains, as well as the good floor plans in the rental housing market. All infrastructure, such as shops, kindergarten, primary school, secondary school, bus stop, and recreational areas are nearby. Good connection to the surrounding region, with a beautiful view of Lake Maggiore, ideal for residents who want to live both centrally and quietly. Corner single-family house Via San Gottardo 50a

• Size: 116 m² living space, 743 m³ volume
• Plot area: 203 m²
• Year of construction: 1953, renovated 2001
• Rented apartments with separate entrances: 3-room apartment with bathroom, kitchen, fireplace, sunny balcony, and garden use, tumbler and washing machine 66m2 2.5-room apartment with bathroom, kitchen, fireplace, sunny covered garden seating area, garden use, tumbler and washing machine 50m2
• Parking options: 1 outdoor parking space and 1 covered parking space
• Heating: Central heating via the apartment building with oil heating
• Renovations/Maintenance: Apartment upstairs: New kitchen and painting work 2022 (CHF 12,000) Apartment upstairs: New boiler 2024 (CHF 4,000) Apartment downstairs: New kitchen and painting work 2016 (CHF 10,000) Electrical panel (upstairs and downstairs) 2024 (CHF 7,000)
• Miscellaneous: Good sanitary and electrical installations, kitchen and wet cells in good condition, wine cellar

Apartment building Via San Gottardo 52 and 54, south-facing, lake view:

• Usable area: 968 m²
• Additional usable area: 267 m²
• Volume: 6,584 m³
• Year of construction: 1960
• Plot area: 508 m²
• Apartment sizes from 45-75 m2

Rental income: 2024: CHF 114,540 to be achieved: CHF 199,125 net return: 2%, to be achieved around 4% Residential units:

• 4 x 2-room apartments
• 7 x 3-room apartments
• 4 x 4-room apartments
• 1 store with storage space

Further features:

• Parking options:
  • 2 garage boxes
  • 2 underground parking spaces outside the property on neighboring property
• Infrastructure and equipment:
  • Two elevators (one per staircase)
  • Two laundry rooms in the basement
  • Bicycle parking space
  • Good floor plan distribution
  • Insulated glass windows (2004)
  • Bathrooms and kitchens partially renovated
  • Modern electrical protection in both buildings
• Heating: Oil heating (1997), maintenance continuously carried out
• Condition: Well maintained, reserves sufficient, ongoing renovations until 2012

We would be happy to show you this investment property in a personal viewing appointment. For any questions, we are at your disposal at any time. Your avenaris real estate team