Residential building for sale - 6830 Chiasso

Location:
The property is located a few minutes walk from the center of Chiasso, in a quiet but strategic residential area. The proximity to middle schools, elementary schools, and kindergartens, the school and municipal swimming pool, as well as other infrastructure in the town center, increases its attractiveness for potential tenants.

Size and Structure:
Land: 453 sqm
Gross usable area: 1058 sqm, divided into:
Three above-ground floors of 286 sqm each
One attic floor of 200 sqm SUL (Gross Usable Area)
Plus one basement floor of 286 sqm

Apartment configuration:
3 apartments of 2.5 rooms
5 apartments of 3.5 rooms
1 apartment of 4.5 rooms
1 attic of about 200 sqm livable

Basement: 9 spacious cellars, 1 storage/warehouse, 1 laundry room

Additional features:
The recent renovation of the building has significantly reduced the need for short-term maintenance costs, while improving the appeal of the apartments in the rental market. The strategic location, close to key infrastructure, contributes to increasing the long-term value of the property.

Financial considerations:
The selling price is CHF 2,300,000. The apartments are already all rented, and the moderate rents guarantee a stable and lasting income of CHF 115,000 per year. The completion of the renovation work is expected between January and February 2025, ensuring an improvement in the value and conditions of the property in the long term.

Conclusions:
This property represents an ideal opportunity for investors looking for a well-located multifamily building in Chiasso, with stable income potential and low short-term maintenance risk.