Residential building for sale - 9450 Altstätten SG

Renovated investment property in a central location in Altstätten SG

This extensively modernized multi-family house in the heart of the old town of Altstätten SG offers investors a rare opportunity: a fully renovated and sustainably valuable investment property with attractive rental income and additional expansion potential.

Highlights of the property

• Annual rental income of CHF 51,888.– from three fully rented units:
  • 4-room apartment: CHF 2,000.–/month (gross)
  • 3.5-room apartment with roof terrace: CHF 1,490.–/month (gross)
  • Retail space on the ground floor: CHF 825.–/month (gross)

• Expansion potential for studio on the ground floor with separate access and existing connections – estimated gross rent approx. CHF 900.–/month. This would increase the annual rental income to 62,688.-.

Strong return perspective

• Current gross yield: approx. 4.33 %
• Potential at full occupancy (including studio): up to 5.22 % gross yield

Comprehensive renovation 2024–2025

• New district heating connection with modern heating system
• New electrical system throughout the house
• High-quality Siemens kitchens
• New windows (triple-glazed), doors, ceilings, floors
• Renovated facade, roof terrace, stairwell, and sanitary facilities – all according to current fire protection and safety standards
• Three modern bathrooms – one for each unit, plus a WC in the commercial part

Location & use

• Central downtown location in Altstätten SG with excellent visibility for the retail space
• Quiet courtyard
• Generous cellar with plenty of storage space
• All units separately accessed

Investing with security

With this property, you acquire a true worry-free package: The comprehensive renovation minimizes maintenance risk to a minimum while providing long-term value stability. Whether as a capital investment or for later self-use of individual units – this property meets the highest demands for substance, location, and yield.