In the historic center of Novaggio, a fascinating and picturesque town in the Malcantone, strategically located and well-served, we offer a historic house on four levels with a total of about 470 m², consisting of 4 apartments plus 2 studios and ancillary rooms and a garden, rich in potential and history, ideal for those looking for a property to enhance.

The property is located in a strategic position, close to all services, public transport, schools, and just a few minutes' drive from Lugano and the Italian border at Ponte Tresa.

This house in the town center, with a view of the main square of the village, partially renovated, offers a unique solution for both investment with already active rental income and for the creation of a multi-family dwelling or a combination of residential and commercial space.

The building consists of:
GROUND FLOOR: commercial space of about 30 m², with street frontage: perfect for a small business idea, office or showroom. (Currently rented for 200 CHF per month + expenses), communal garden of about 70/80 m² with ancillary room. Portico and inner courtyard, from here you can reach the two cellars of 30 m², ideal for storage, wine cellar or workshops, from here you can gain 4 cellars of 15 m² each.
Technical room and laundry room, well-organized and functional.

Through a characteristic staircase in Ticino granite, you access the upper floors:
ON THE FIRST FLOOR there is a 4-room apartment with kitchen (about 80 m²) in good condition, currently rented for 800 CHF per month (+ expenses), with guaranteed income.
Single room of about 30 m², to be renovated, perfect for residential use, office or to be integrated into the adjacent apartment.

SECOND FLOOR: 2.5-room apartment (60 m²) in good condition, already rented (600 CHF per month + expenses);
3-room apartment with kitchen and bathroom with bathtub (70 m²), currently in the rough: according to plans, it can be connected to the last floor to create an elegant duplex.

THIRD FLOOR: 2.5-room apartment completely renovated (65 m²), occupied by the owner.
Further 3 rooms + bathroom, which offer the possibility of expanding the existing attic or creating a second, independent apartment with a separate entrance.

The supporting structure presents itself as solid, typical of Ticino houses in the town center, but the residential units and common areas need further investments to meet current living standards.
Heating is by oil and distributed through radiators.
In some units, there are wooden windows with double glazing, while in the parts to be renovated, the windows require complete renewal.
Two fireplaces are already present, with the possibility of installing others, partially updated systems.

The property does not have private parking spaces, but a large public car park is available 2 minutes' walk away, which can be used through a municipal subscription.

DO NOT MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION!
SM/7501