"Rental building with high potential in Concise"

INVESTMENT OPPORTUNITY – RENTAL BUILDING WITH 3 APARTMENTS IN CONCISE (VD)

PRICE: CHF 1'395’000.–

Located in Concise, just a few steps from Lake Neuchâtel and its beaches, this rental building offers a great opportunity for an investor looking for a property with existing rental income and potential for appreciation.

PROPERTY DESCRIPTION

Built in 1947, the rental building comprises 3 apartments on three levels, with a total living area of approximately 188 m², on a plot of 613 m².

It consists of:

• 1 apartment with 2.5 rooms on the ground floor

• 2 apartments with 3.5 rooms on the 1st and 2nd floors

• A shared laundry room

• A garage with possibility to park 3 vehicles in the driveway

• 4 outdoor parking spaces

• Two gardens, front and back, with a total area of approximately 506 m²

RENOVATIONS AND MAINTENANCE

Two of the three apartments were completely renovated in 2021-2022 (kitchens, bathrooms, floors, paint and radiators).

In 2024, all windows and doors of the building were replaced.

The third apartment on the 2nd floor still offers renovation and appreciation potential.

RENTAL INCOME AND YIELD

RENTAL INCOME

Annual rental income without charges: CHF 44'280.–

Selling price: CHF 1'395'000.–

Current gross yield: 3.17 %

Since the rents have not been adjusted for several years, there is potential for optimization, especially in the event of a future tenant change or renovation of the 2nd floor.

LOCATION

The rental building benefits from a pleasant location directly on Lake Neuchâtel, with quick access to the beaches and close to schools.

The apartments on the 1st and 2nd floors also offer a beautiful view.

STRENGTHS

• Rental building with 3 apartments

• Existing rental income

• Two renovated apartments

• Windows and doors replaced in 2024

• Potential for rent optimization

• Large plot of 613 m²

• Gardens of 506 m²

• Garage and 7 parking possibilities (driveway + 4 spaces)

• Immediate proximity to the lake and beaches

An interesting opportunity for an investor looking to acquire a rental building with rental income and development potential.

Please do not contact brokers, real estate agencies, or curious individuals.