• Investment property with 15 apartments in a central location in Zurich-Altstetten (1)
  • Investment property with 15 apartments in a central location in Zurich-Altstetten (2)
  • Investment property with 15 apartments in a central location in Zurich-Altstetten (3)
  • Investment property with 15 apartments in a central location in Zurich-Altstetten (4)
  • Investment property with 15 apartments in a central location in Zurich-Altstetten (5)
  • Investment property with 15 apartments in a central location in Zurich-Altstetten (6)
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Living space
450 m2
Selling price
CHF 2,980,000.–

"Investment property with 15 apartments in a central location in Zurich-Altstetten"

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Address

Altstetterstrasse 177, 8048 Zürich

Travel time

  • 10 min.Station: Farbhof

Surrounding information

Source of this data

The data displayed is provided by one of our third-party suppliers.

Please note that the locations displayed may not be up to date and there may be some deviations.

  • Supermarket

    8 min.Coop
  • Pharmacy

    13 min.Apotheke Altstetten AA1
  • School

    7 min.Schule Buchlern
  • Public Transport

    < 1 min.Rautihalde

Times refer to the route on foot.

Price

Purchase price:
CHF 2,980,000.–

Main information

Availability:
By agreement
Type:
Multi-family house
Number of apartments:
15
Number of floors:
4
Surface living:
450 m2
Land area:
506 m2
Last refurbishment:
2014
Year built:
1960

Characteristics

  • Balcony / Terrace

  • Garage

Documents (0)

Description

An attractive location in the Zurich city district 9 is a fully rented existing property with sustainable earnings potential for sale. The property convinces with its central microlocation, excellent accessibility, and constant high demand for living space in Zurich-Altstetten.

The multi-family house, built in solid construction, was erected in 1960 and comprises a usable floor area of around 450 m². The property has 15 fully rented 1.5-room apartments and is suitable as a long-term investment with stable returns.

The property has been continuously maintained over the years. Significant investments were made, among other things, with the renewal of kitchens and bathrooms (1996), the replacement of the oil heating system (2006), and the renovation of the facade, windows, and shutters (2014).

The oil heating system installed in the building supplies both the Altstetterstrasse 177 property and the neighboring Altstetterstrasse 179 property. The heating system is owned by the Altstetterstrasse 177 property. Operation, maintenance, and organization are carried out by its ownership; the incurred costs are divided between the two properties according to the existing agreements.

The sales object also includes 13 parking spaces in an underground garage, which is located in co-ownership with the neighboring property.

Key data
  • Fully rented multi-family house

  • 15 × 1.5-room apartments

  • Usable floor area approx. 450 m²

  • Year of construction 1960

  • Solid construction

  • Continuously maintained property

  • Kitchens and bathrooms renewed (1996)

  • Oil heating system replaced (2006)

  • Facade, windows, and shutters renewed (2014)

  • 13 parking spaces in co-ownership

  • Joint heating supply for properties No. 177 and 179

  • Attractive investment location in the city of Zurich

Location

The property is located in a central and yet pleasant residential area in Zurich-Altstetten. The quarter is one of the most dynamic development areas in the city of Zurich and combines urban living with an excellent infrastructure. Shopping facilities, gastronomy, schools, kindergartens, and various leisure activities are located in the immediate vicinity.

The Zurich Altstetten train station is within walking distance and offers excellent S-Bahn connections to the entire region. The Zurich main station is reachable in about five minutes. The excellent accessibility is supplemented by various tram and bus lines as well as the nearby A1 highway.

Sales procedure

We would be happy to provide you with the detailed sales documentation and look forward to your contact.

Further details can be found in the sales documentation.

The sale is carried out in a two-stage bidding process. We would be happy to provide you with further information on the investment property and sales process.

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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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Advertiser

Hesta Immobilien
Hesta Immobilien
Weiherallee 11a
8610Uster

Contact

Irena Schnur Isabel Gago

Listing ID
4003309050
Object ref.
96r9d.pz9yv

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