Residential building for sale - 6986 Novaggio

In the historic center of Novaggio, a charming and picturesque location in Malcantone, strategically located and well-served, we propose a historic property from the era on four levels, with 4 apartments and 2 studios, accessory rooms and garden, rich in potential and history, ideal for those looking for a property to enhance.

Located in a strategic position close to all services, transport, schools and just a few minutes by car from Lugano and the Italian border at Ponte Tresa.

This nucleus house, overlooking the main square of the village, partially renovated, presents a unique solution both for investment with already active rental income, and for the creation of a multi-family residence or a combination of housing and commercial activity.

The building is composed as follows:
GROUND FLOOR: commercial space of about 30 sqm, with a window on the street: perfect for a small business, studio or showroom. (Currently rented for CHF 200 per month + expenses), condominium garden of about 70/80 sqm with accessory room. Porch and internal courtyard from here lead to the two cellars of 30 sqm each, ideal for storage, wine cellar or laboratories, from here it is possible to derive 4 cellars of 15 sqm each.
Technical room and laundry room, well organized and functional.

Through a characteristic staircase in Ticino granite, access to the upper floors:
ON THE FIRST FLOOR we have a 4-room apartment with a habitable kitchen (about 80 sqm) in good condition, currently rented for CHF 800/month (+ expenses), with guaranteed income.
Studio to be renovated of about 30 sqm, perfect for residential use, office, or to be integrated with the adjacent apartment.

SECOND FLOOR: 2.5-room apartment (60 sqm) in good condition, already rented (CHF 600 per month + expenses);
3-room apartment with a habitable kitchen and bathroom with bathtub (70 sqm) currently in raw state: according to the floor plans it can be combined with the top floor to create an elegant duplex.

THIRD FLOOR: 2.5-room apartment completely renovated (65 sqm), occupied by the owner.
Additional 3 rooms + bathroom to be finished, which offer the possibility of expanding the existing attic or creating a second independent apartment with a separate entrance.

The load-bearing structure is solid, typical of Ticino nucleus houses, but the living units and common areas need further investments to meet current living standards.
The heating is diesel and distributed through radiators.
In some units, there are wooden fixtures with double glazing, while in the areas to be renovated, the fixtures need complete renewal.
Two existing fireplaces with the possibility of making others, partially updated systems.

The property does not have parking spaces but a large municipal parking lot is located 2 minutes on foot, which can be used through a municipal subscription.