Well-maintained apartment building in a central Basel location: This fully rented old building from 1899 impresses with its well-kept character, continuous renovations, and stable rental income. Five 3-room apartments are fully let, and the house has undergone extensive renovations over the past 12 years – including the complete electrical installation (new main line, all fuses, RCDs), heating control, and hot water boiler. With an investment volume of over CHF 300,000 during this period, the property offers a solid, low-maintenance basis for capital investors.
The location leaves nothing to be desired: the University of Basel, the University Hospital, and the Biozentrum are in the immediate vicinity, and public transport as well as shopping facilities such as Migros and Coop are within a few minutes' walk. For the tenants, a shared laundry room with a professional washing machine and dryer, a drying room, and a bicycle cellar provide additional comfort.
This investment property is characterized by:
- Fully rented apartment building with 5 × 3-room apartments (built in 1899)
- Stable annual rental income of around CHF 78,500.
- Attractive gross yield of approx. 4 % at the asking price of CHF 1,960,000.
- Extensively renovated: complete electrical installation, heating control, and boiler
- Investment volume of over CHF 300,000. in the last 12 years
- Fire doors as well as smoke and fire detectors in all apartments
- Fiber optic connection throughout the house
- Shared laundry room with drying room and bicycle cellar
- Prime location near the university, university hospital, and Biozentrum
- Non-smoking property with well-kept, long-term tenants
- Rental income reserve available additional income potential
Interested in this attractive capital investment? Contact us for further documentation and a non-binding viewing!
