Residential building for sale - 9450 Altstätten SG

Renovated investment property in a central location in Altstätten SG This comprehensively 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 CHF 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
• Spacious 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 reduces 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.