• MONTHEY - Unique prestige building with several apartments (1)
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Selling price
CHF 2,000,000.–
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"MONTHEY - Unique prestige building with several apartments"

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Address

1870 Monthey

Price

Purchase price:
CHF 2,000,000.–
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Main information

Availability:
By agreement
Type:
Multi-family house
Land area:
763 m2
Last refurbishment:
2015
Year built:
1960

Characteristics

  • Balcony / Terrace

Documents (0)

Description

Acor Immobilier proposes to you exclusively a unique building, in the heart of Monthey, composed of several apartments. It offers an attractive return with the possibility of living there or creating new units.

Ideally located at the gates of the city center and in immediate proximity to all amenities, this building of character will seduce as much investors as private individuals wishing to acquire a sure and evolving rental property. The shops are less than five minutes on foot, the CFF train station is only 400 m away and the A9 highway is accessible in less than ten minutes. An ideal location, perfectly connected.

Built in 1940, the building stands on a wooded plot offering a garden, several terraces, a vegetable garden, a greenhouse, a shed as well as six outdoor parking spaces. Several renovations have already been carried out, including the replacement of windows with triple glazing, the installation of a new boiler in the technical room as well as the complete renovation of the facades.

Current distribution of apartments

Lower floor:
- Studio n1 of 25 m² with terrace (rented), laundry room, cellars and garage.

Upper floor:
- Studio n2 of 22 m² (rented)
- Studio n3 of 21 m² with south-facing terrace of 14 m² (rented)
- Studio n4 of 23 m² with south-facing terrace of 14 m² (rented)

1st floor & attic: 4.5-room apartment of 142 m² including three large bedrooms, two shower rooms, one bathroom, a large living room and a recent fully equipped kitchen.

Transformation potential

The current configuration can be easily rethought:

1st floor:
- 2.5-room apartment of 66 m² (bedroom with dressing room, shower room, large living room, equipped kitchen) or possibility of arranging three additional studios similar to those on the upper floor.

Attic:
- Studio n5 of 31 m² with reduction of 2 m²
- Studio n6 of 30 m² with reduction of 2 m²

Rental income

Current rental state (partially rented and own use): CHF 46'800.- gross/year

Thanks to its strategic location, its period charm, its recent renovations and its important transformation potential, this building represents a rare opportunity in Monthey.

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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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Contact for viewing

Ricardo MONTEIRO

Advertiser

ACOR Immobilier Sàrl
ACOR Immobilier Sàrl
Avenue Ritz 17
1950Sion
Listing ID
4003072703
Object ref.
5580677

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