Residential building for sale - 6777 Quinto

Multi-family building of 1,234 m2 SUL, developed on 2 above-ground floors, divided into 12 residential units on two distinct staircases (4 apartments per floor) + 1 commercial space, located in a mixed residential/craft activity context in the municipality of Quinto, district of Leventina/Tre Valli, just 10 minutes from Airolo and 35 minutes from Bellinzona.

The photos of the furnished spaces were created with AI.

Built in 1970 and completely renovated in 2015 with a significant investment of about CHF 1.2 million, the building has received important improvements.
The facades have been renovated with a thermal coat of 16 cm, ensuring excellent energy efficiency. The interiors boast modern kitchens and bathrooms, laminate parquet floors, and porcelain stoneware tiles, while the new geothermal heat pump heating system distributed through underfloor coils ensures optimal comfort throughout the year.
The offer is completed by PVC fixtures with triple glazing, a new electrical system, and new roof insulation.

The building is arranged as follows:
BASEMENT FLOOR: stairs, laundry, cellars, technical room, warehouses, WC, and changing rooms.
GROUND FLOOR: entrance stairs with three independent entrances.
FIRST FLOOR: entrance, 6 offices now organized as 1 administrative space possibly convertible into two additional apartments and a mix of 3 apartments of 4.5 rooms with balconies, plus 1 apartment of 3.5 rooms with a balcony.
SECOND FLOOR: repeats the same configuration as the first floor except for the office area which is located in the lower part of the building.

The property has 18 outdoor parking spaces.
Located in an area renowned for its abundance of trekking and cycling paths, the property proves ideal for short-term rentals/AirBnb during all seasons with Airolo and Andermatt offering a myriad of opportunities for winter sports.

From the official valuation carried out in 2016, the property values were assessed as follows:
- Real value: CHF 3,569,475
- Income value: CHF 3,477,825
- Market value: CHF 3,480,000

The property is in good condition but some apartments require improvement works, as does the property yard.

Area:
VE SIA 416 (building volume): 3,700 m3
VMF SIA d 0165 (rentable area): 1,162 m2
SP SIA 416 (floor area): 1,290 m2
SPE SIA 416 (external floor area): 89 m2
SN SIA 416 (net area): 1,073 m2
SF SIA 416 (land area): 1,186 m2
SUL: 1,234 m2

In terms of income, calculated on the seasonal rents of 2022, it presented a gross yield of 5.58% and a net yield of 4.96%.

Finally, it should be noted that the asbestos inspection report was negative, providing further peace of mind for those wishing to invest in this property.
CL/6761