• MONTHEY - Unique prestige building with several apartments (1)
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Selling price
CHF 2,000,000.–
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"MONTHEY - Unique prestige building with several apartments"

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Address

1870 Monthey

Price

Purchase price:
CHF 2,000,000.–
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Main information

Availability:
By agreement
Type:
Single house
Land area:
763 m2
Last refurbishment:
2015
Year built:
1960

Characteristics

  • Balcony / Terrace

Documents (0)

Description

Acor Immobilier offers you exclusively a unique building in the heart of Monthey, consisting of several apartments. It offers an attractive return with the possibility of living there or creating new units.

Ideally located near the city center and in close proximity to all amenities, this character building will seduce both investors and private individuals looking to acquire a safe and evolving rental income. The shops are less than a five-minute walk away, the CFF train station is only 400 meters away, and the A9 highway is accessible in less than ten minutes. An ideal location, perfectly connected.

Built in 1940, the building stands on a wooded plot offering a garden, several terraces, a vegetable garden, a greenhouse, a shed, and six outdoor parking spaces. Several renovations have already been carried out, including the replacement of windows with triple glazing, the installation of a new boiler in the technical room, and the complete renovation of the facades.

Current distribution of apartments

Lower ground floor:
- Studio n1 with 25 m² and terrace (rented), laundry room, cellar, and garage.

Upper ground floor:
- Studio n2 with 22 m² (rented)
- Studio n3 with 21 m² and south-facing terrace of 14 m² (rented)
- Studio n4 with 23 m² and south-facing terrace of 14 m² (rented)

1st floor & attic: 4.5-room apartment with 142 m², consisting of three large rooms, two showers, a bathroom, a large living room, and a fully equipped kitchen.

Transformation potential

The current configuration can be easily rethought:

1st floor:
- 2.5-room apartment with 66 m² (bedroom with dressing room, shower, large living room, equipped kitchen) or possibility of creating three additional studios similar to those on the upper ground floor.

Attic:
- Studio n5 with 31 m² and storage room of 2 m²
- Studio n6 with 30 m² and storage room of 2 m²

Rental income

Current rental status (partially rented and own use): CHF 46'800.- gross/year

Thanks to its strategic location, its period charm, recent renovations, and significant transformation potential, this building represents a rare opportunity in Monthey.

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Purchase price
Household income

Annual gross income of all persons applying for the mortgage (including 13th month salary or bonus payment).

The mortgage is affordable if the living costs do not exceed one third (33%) of your income.

Equity capital

You must finance at least 20% of the property value with your own funds. This includes savings, advance inheritance, gifts, all retirement assets (3a, 3b) and pension fund assets. You may withdraw a maximum of 10% of the purchase price from the pension fund.

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Contact for viewing

Ricardo MONTEIRO

Advertiser

ACOR Immobilier Sàrl
ACOR Immobilier Sàrl
Avenue Ritz 17
1950Sion
Listing ID
4003072712
Object ref.
5623811

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