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 infrastructure is generally within short 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.

The equipment at a glance:

Ground floor:

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

1st floor:

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

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

2nd floor:

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



Overview of renovation work:

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



General and interesting facts:

* Outdoor parking spaces
* Shared basement rooms
* Dryer room/laundry hanging area for shared use
* Pets are welcome
* Sunny, unobstructable 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 rent index for multi-family house in Thal

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

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

Thal

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

The municipal administration has its seat in the town hall, in the row of houses under heritage protection on the church square. A thousand-year history tells the parochial church next door 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 visit the upper school.
Nursing homes offer good care and enable residents to stay in a familiar environment even in old age.

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

In mid-November, the latest annual fair in Eastern Switzerland takes place in Thal. At larger intervals, a large wine festival is organized.

Source: Municipality of Thal