Residential building for sale - 8102 Oberengstringen

The property, located directly on the city border of Zurich-Höngg, captivates with its quiet location and a magnificent view over the Limmat river and towards the city of Zurich. The Frankental tram stop is just a few minutes' walk from the property.

The current rent is significantly below the market level and can be further optimized in the course of renovation. The property is fully let and, due to its attractive location and use, offers a solid basis for investors.

The structural condition largely corresponds to the year of construction, but has been continuously maintained. While the building fabric is solid, the interior has been partially renovated. The apartments have bright rooms, beautiful window fronts and spacious south-facing terraces. Due to the well-designed and spacious floor plans, conversion into condominium ownership is conceivable.

The property:
- Excellent location on the city border of Zurich-Höngg
- Multifamily house from the year 1973
- The property is fully let
- approx. 2'598 m² plot area
- approx. 1'290 m² usable area
- 10 units (8 apartments, 1 office and 1 indoor swimming pool)
- 9 individual garages and 10 parking spaces
- Apartment mix with 4.5-room apartments as well as one 6-room apartment and one 7.5-room apartment
- The property has considerable rental income potential
- Property is connected to the district heating network