Single house for sale - 5507 Mellingen

Fully Rented Multi-Family House with Land Reserve and New Construction Potential

Short Description

The offered property includes an existing, fully rented multi-family house with three 3.5-room apartments, eight outdoor parking spaces, four closed garages, a storage room, and a commercial space on an area of 822 m². Additionally, the upper parcel No. 554 with 396 m² is included in the purchase price.

According to a feasibility study available, there is the possibility to demolish the four garages and the storage room and realize a new building on the area with up to four additional residential units. This could create over 400 m² of additional rentable space.

Current Rental: 100%
Deal Option: Share or Asset Deal

Renovations:
- 2019/2020: Renovation of Gastronomy
- 2022/2023: Renovation of all apartments including electrical and plumbing

This attractive investment property thus offers not only a stable return but also significant expansion potential.