"Income-Generating Investment in the Center of Chiasso with High Potential for Appreciation"
Purchase price
CHF 4,900,000.–
Notify on price drop
Location
6830 ChiassoCosts
- Purchase price:
- CHF 4,900,000.–
- Notify on price drop
Main information
- Available from:
- By agreement
- Type:
- Multi-family house
- Number of floors:
- 4
- Last refurbishment:
- 1992
Features and furnishings
Parking space
Elevator
Documents (0)
Description
In the heart of Chiasso, in a strategic position just a few steps from the train station, the Italian border, and all major services, we propose for sale an interesting income-generating property composed of residential and commercial units. The property represents a solid investment, characterized by immediate income and concrete prospects for appreciation in the medium to long term.
The building develops on four levels and comprises a total of 19 units, divided into 14 apartments, 5 commercial spaces and warehouses, and 3 outdoor parking spaces. The land area is 781 m², while the total rental area amounts to approximately 1'877 m², ensuring a functional distribution of spaces and a good diversification of tenants.
The building was completely renovated in 1992 and underwent further interventions in 2024, including the renovation of the facade, the restoration of the balconies and the roof, and the renovation of four apartments. The property presents itself today in good general conditions and does not require urgent interventions. The construction is of a mixed type in concrete and stone; the direct gas heating is in excellent condition, while the windows are partly equipped with double glazing in wood and partly with triple glazing in PVC.
Located in the city center and free from historical or particular urban constraints, the building offers further flexibility in development and management.
From a revenue standpoint, the property currently generates an annual income of approximately CHF 228'480, with the possibility of increasing it to approximately CHF 261'240 through the rental of currently free units and the progressive adjustment of rents to market values. Further growth margins are represented by the possible reuse of some internal spaces, such as the conversion of a large office unit into multiple apartments, with a potential annual income of up to CHF 290'400.
Thanks to the combination of central location, immediate income, and development potential, this property represents an interesting opportunity for investors looking for a rental property with stable income and growth prospects, as well as positive cash flows even in the presence of bank financing.
The building develops on four levels and comprises a total of 19 units, divided into 14 apartments, 5 commercial spaces and warehouses, and 3 outdoor parking spaces. The land area is 781 m², while the total rental area amounts to approximately 1'877 m², ensuring a functional distribution of spaces and a good diversification of tenants.
The building was completely renovated in 1992 and underwent further interventions in 2024, including the renovation of the facade, the restoration of the balconies and the roof, and the renovation of four apartments. The property presents itself today in good general conditions and does not require urgent interventions. The construction is of a mixed type in concrete and stone; the direct gas heating is in excellent condition, while the windows are partly equipped with double glazing in wood and partly with triple glazing in PVC.
Located in the city center and free from historical or particular urban constraints, the building offers further flexibility in development and management.
From a revenue standpoint, the property currently generates an annual income of approximately CHF 228'480, with the possibility of increasing it to approximately CHF 261'240 through the rental of currently free units and the progressive adjustment of rents to market values. Further growth margins are represented by the possible reuse of some internal spaces, such as the conversion of a large office unit into multiple apartments, with a potential annual income of up to CHF 290'400.
Thanks to the combination of central location, immediate income, and development potential, this property represents an interesting opportunity for investors looking for a rental property with stable income and growth prospects, as well as positive cash flows even in the presence of bank financing.
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Viewing
Contact for viewing
Annalisa Stecchini
Advertiser
Suisse Immo Solutions SA
Via Luigi Lavizzari 3
6900Lugano
Contact
- Listing ID
- 4002956156
- Object ref.
- 58WA-4DBY-907

