Residential building for sale - 9425 Thal

Multi-family house with 4 apartments

This great multi-family house with 4 apartments, all of which are rented, is located in a beautiful, quiet area in Thal.

The local infrastructures are generally accessible at shorter to medium distances.
The building was constructed around 1920. The apartments have been continuously renovated in recent years and are in good condition. The facade was renewed in 2002.

Overview of the facilities:

Ground floor:

1x 3.5-room apartment (open living and dining area with kitchen, 2 bedrooms, 1 bathroom with shower, bathtub, WC and sink, washing machine)

1st floor:

1 x 4-room apartment (living room, kitchen and dining room, 3 bedrooms, 1 bathroom with shower, bathtub, WC and sink, washing machine)

1x 1.5-room studio (kitchen/entrance, living/sleeping room, bathroom with bathtub, WC and sink, washing machine)

2nd floor:

1 x 4-room apartment (living room, kitchen and dining room, 3 bedrooms, 1 bathroom with bathtub, WC, sink and washing machine)



Overview of renovation work:

-2002 facade renovation
-2002 aluminum frames and shutters
-2008 new oil burner
-2011 total renovation of the ground floor apartment (new kitchen, bathroom, floor coverings, windows, wall separation, etc.)
-2017 safety verification of electrical installations
-2018 bathroom renovated on the 2nd floor
-2018 new floor coverings on the 2nd floor
-2018 apartment newly painted on the 2nd floor
-2020 stairwell separation 1st floor



General and noteworthy:

* Outdoor parking spaces
* Shared cellar rooms
* Drying room/laundry hanging place for shared use
* Pets are welcome
* Sunny, unobstructed location with a view of the vineyards and Lake Constance
* All residential units are rented
* Perfect opportunity to acquire a long-term investment property

Current tenant overview multi-family house Thal

* Ground floor gross: CHF 1280, net: CHF 1100
* 1.5 room 1st floor gross: CHF 630, net: CHF 550
* 4.5 room 1st floor gross CHF 1100, net CHF 810
* Attic gross CHF 1090, net: CHF 740

The apartment on the ground floor has a parking space rented for CHF 30.-.

Thal

The landmark of Thal, the Buechberg, with the panoramic restaurant Steinig Tisch, is unmistakable. Here, an incomparable view opens up over the Appenzeller Vorderland, Lake Constance, and far into Germany and Austria. The extensive vineyards on the southern slope of the Buechberg have earned Thal the nickname "Village of the Vine".

The municipal administration is located in the town hall, in the row of houses under heritage protection at the church square. A thousand-year history is told by the neighboring parochial church with its Gothic choir and baroque furnishings. The foundation dates back to the 7th century.

In the village of Thal, students from the entire municipality attend secondary school.
Retirement and nursing homes offer good care and allow residents to stay in a familiar environment even in old age.

The village image is also shaped by viticulture and the local museum, which is located right next to the traditional restaurant Ochsen.

In mid-November, the latest year market in Eastern Switzerland takes place annually in Thal. A large wine festival is organized at larger intervals.

Source: Municipality of Thal