Excellent Investment - Building with 12 Units in Quinto
Multi-family building with a mix of residential and artisanal activities, 1’234 m2 of usable space, developed on 2 floors, divided into 12 residential units on two separate staircases (4 units per floor) + 1 commercial unit, located in a mixed residential and artisanal context in the municipality of Quinto, Leventina/Tre Valli, just 10 minutes from Airolo and 35 minutes from Bellinzona.The photos of the furnished spaces were created with artificial intelligence.The building was constructed in 1970 and completely renovated in 2015 with a significant investment of around CHF 1.2 million, resulting in important improvements. The facades were renovated with a 16 cm thick thermal insulation coat, ensuring excellent energy efficiency. The interiors boast modern kitchens and bathrooms, laminated parquet floors and porcelain stoneware tiles, while the new heating system with geothermal heat pump and underfloor heating provides optimal comfort throughout the year. The offer is complemented by PVC windows with triple glazing, a new electrical system, and new roof insulation.The building is laid out as follows:BASEMENT: stairs, laundry room, cellars, heating room, storage rooms, WC and changing rooms.GROUND FLOOR: entrance stairs with three independent entrances.FIRST FLOOR: entrance, 6 offices currently used as 1 administrative unit that can possibly be converted into two more apartments, and a mix of 3 apartments with 4.5 rooms and balcony, plus 1 apartment with 3.5 rooms and balcony.SECOND FLOOR: the same configuration as the first floor, except for the office area, which is located in the lower part of the building.The building has 18 external parking spaces.It is situated in a renowned area with many hiking and cycling trails and is ideal for short-term rentals/AirBnb during all seasons, as Airolo and Andermatt offer a multitude of opportunities for winter sports.According to the official assessment of 2016, the values of the building were determined as follows:- Real value: CHF 3’569’475- Income value: CHF 3’477’825- Market value: CHF 3’480’000The building is in good condition, but some apartments require renovation work, as does the property's courtyard.Areas:VE SIA 416 (building volume): 3’700 m3VMF SIA d 0165 (rentable area): 1’162 m2SP SIA 416 (floor area): 1’290 m2SPE SIA 416 (external floor area): 89 m2SN SIA 416 (net area): 1’073 m2SF SIA 416 (land area): 1’186 m2SUL: 1’234 m2In terms of income, calculated on the basis of 2022 seasonal rentals, it showed a gross yield of 5.58% and a net yield of 4.96%.Finally, it is worth noting that the asbestos inspection report was negative, providing additional peace of mind for those who wish to invest in this property.Do not miss this opportunity and contact us today for more information!CL/6761