Rooms
19
Living space
1,877 m2
Selling price
CHF 4,900,000.–
Notify on price drop
"PALAZZINA A REDDITO NEL CENTRO DI CHIASSO translates to "RENTAL PROPERTY IN THE CENTER OF CHIASSO""
Address
6830 ChiassoPrice
- Purchase price:
- CHF 4,900,000.–
- Notify on price drop
Main information
- Availability:
- By agreement
- Type:
- Multi-family house
- No. of rooms:
- 19
- Surface living:
- 1877 m2
- Year built:
- 1940
Documents (0)
Description
In the heart of Chiasso, we propose for sale an interesting rental property consisting of 19 units, both residential and commercial, with significant potential for appreciation.
Strategic and central location, just a few steps from the cantonal bank, shops, restaurants, train station, bus stop, and Italian border.
The building was the subject of a major renovation in the summer of 2024: the facade, balconies, roof dome, and 4 apartments with quality finishes (new kitchens, bathrooms, floors, etc.) were restored.
The renovated apartments have been re-rented with rents higher by 10-30%. The remaining units are currently rented at low prices and present significant potential for rent increase. A large, currently unused space of 8 rooms could also be converted, creating 4 additional apartments. A feasibility study has already been developed and is feasible.
COMPOSITION:
14 Apartments (on 4 floors)
- 4 x 2.5 rooms (66-67 m²)
- 5 x 3.5 rooms (96 m²)
- 4 x 4.5 rooms (127 m²)
5 Commercial spaces
- 4 shops/offices/warehouses (117 m² - 233 m²)
- 1 warehouse (40 m²)
RENTAL SITUATION
- Current monthly income: CHF 17,620
- Monthly income at full rental: CHF 19,770 (excluding office 8 rooms - CHF 2,000)
- Effective annual income: CHF 211,440
- Current gross yield: 4.32% - 4.8%
Solid opportunity for investors looking for a rental property in a strategic location in Mendrisiotto, just a few steps from the Italian border and well connected to main services and infrastructure.
For further financial information (rental income, technical documentation) and a visit on site, we are at your disposal:
Altea Mucollari +41 78 263 19 66.
Strategic and central location, just a few steps from the cantonal bank, shops, restaurants, train station, bus stop, and Italian border.
The building was the subject of a major renovation in the summer of 2024: the facade, balconies, roof dome, and 4 apartments with quality finishes (new kitchens, bathrooms, floors, etc.) were restored.
The renovated apartments have been re-rented with rents higher by 10-30%. The remaining units are currently rented at low prices and present significant potential for rent increase. A large, currently unused space of 8 rooms could also be converted, creating 4 additional apartments. A feasibility study has already been developed and is feasible.
COMPOSITION:
14 Apartments (on 4 floors)
- 4 x 2.5 rooms (66-67 m²)
- 5 x 3.5 rooms (96 m²)
- 4 x 4.5 rooms (127 m²)
5 Commercial spaces
- 4 shops/offices/warehouses (117 m² - 233 m²)
- 1 warehouse (40 m²)
RENTAL SITUATION
- Current monthly income: CHF 17,620
- Monthly income at full rental: CHF 19,770 (excluding office 8 rooms - CHF 2,000)
- Effective annual income: CHF 211,440
- Current gross yield: 4.32% - 4.8%
Solid opportunity for investors looking for a rental property in a strategic location in Mendrisiotto, just a few steps from the Italian border and well connected to main services and infrastructure.
For further financial information (rental income, technical documentation) and a visit on site, we are at your disposal:
Altea Mucollari +41 78 263 19 66.
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Contact
- Listing ID
- 4003097990
- Object ref.
- AM05V