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Building of 3 apartments with authorization of enlargement

! IDEAL FOR AN INVESTOR!

Old building in the heart of the village of Chalais, with strong potential for profitability. Works partly completed (1st floor). Draft modifications already studied and building permits validated by the municipality (until January 2022).

In the State, this building composed of 3 apartments has a gross profitability of 6.5
With the works (already estimated and authorized), this profitability can go up to 7.3

Today this building consists of 3 apartments for rent (currently all rented) and it is distributed as follows:

GROUND FLOOR: 100m2 approximately
4.5 rooms not renovated
- entrance hall
- bathroom
- 2 small rooms
- 1 large bedroom
- closed kitchen with dining area
- living room with balcony
- private terrace

Current rental amount: Chf 1'350.- / month (excluding charges)

This apartment is to renovate (kitchen and opening on the living room, changing the distribution of rooms and bathroom to review). Costs of the works estimated at 75'000.-

1st floor: 100 m2 approximately
3.5 rooms completely renovated in 2014 (60m2)
- 1 large living room-kitchen-dining room
- 1 small room (commissary or dressing room)
- 1 shower room with shower
- 2 bedrooms

Current rental amount: Chf 1'250.- / month (excluding charges)

2 rooms completely renovated in 2014 (40m2)
- 1 kitchen-living-dining room
- 1 bedroom
- 1 shower room with shower

Current rental amount: Chf 800.- / month (excluding charges)

2nd floor (Penthouse-attic): 100 m2 approximately
Current: Galetas not used
Works to provide: Spacious 3.5 rooms with mezzanine of 100m2 approximately, raising of the roof and opening with small terrace (project, plans and authorizations already granted)
Work costs estimated at 225'000.-

BASEMENT
- 4 cellars
- 1 technical room (boiler renovated in 2016)
- Gas connection already installed
- Oil tank 4000lt

OUTSIDE
- 1 parking place
- Several storage spaces
- Double access to the basement of the building
- Public parking nearby

TECHNIQUES
- new boiler
- oil heating, 4000lt tank
- Gas connection already installed (ready to use)
- Double glazed windows throughout the building

Detailed brochure of the renovation project and authorizations on request only
Do not hesitate to contact us !

With us, curiosity is a nice defect! Call us for a visit!
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