In the historic center of Novaggio, a charming and picturesque location in the Malcantone, situated in a strategic position and well served, we propose a historic house on four levels for a total of approximately 470 sqm, composed of 4 apartments plus 2 studio apartments and accessory rooms and garden, rich in potential and history, ideal for those looking for a property to enhance.

Located in a strategic position and close to all services, public transport, schools and just a few minutes' drive from Lugano and the Italian border of Ponte Tresa.

This house in the town center, with a view of the main square of the village, partially renovated, presents a unique solution both for investment with rental income and for the creation of a multi-family residence or a combination of housing and commercial activity.

The building consists of:
GROUND FLOOR: commercial space of about 30 sqm, with street front: perfect for a small business, office or showroom. (Currently rented for CHF 200 per month + expenses), communal garden of about 70/80 sqm with accessory room. Portico and inner courtyard, from here you can reach the two cellars of 30 sqm, ideal for storage, wine cellar or laboratories, from here you can get 4 cellars of 15 sqm each.
Technical room and laundry room, well organized and functional.

Through a characteristic staircase in Ticino granite, you access the upper floors:
ON THE FIRST FLOOR we have a 4-room apartment with kitchen (about 80 sqm) in good condition, currently rented for CHF 800/month (+ expenses), with guaranteed income.
Studio apartment to be renovated of about 30 sqm, perfect for residential use, office, or to be integrated into the adjacent apartment.

SECOND FLOOR: 2.5-room apartment (60 sqm) in good condition, already rented (CHF 600 per month + expenses);
3-room apartment with kitchen and bathroom with bathtub (70 sqm) currently in the rough: according to the plans, it can be united with the top floor to create an elegant duplex.

THIRD FLOOR: 2.5-room apartment completely renovated (65 sqm), occupied by the owner.
Further 3 rooms + bathroom, which offer the possibility of expanding the existing attic or creating a second, independent apartment with a separate entrance.

The structure presents itself as solid, typical of Ticino houses in the town center, but the residential units and common areas need further investments to be brought up to the current living standard.
The heating is oil-fired and distributed through radiators.
In some units, there are wooden windows with double glazing, while in the parts to be renovated, the windows require complete renovation.
Two fireplaces are already present, with the possibility of creating others, partially modern systems.

The property does not have private parking spaces, but a large communal parking lot can be used within a 2-minute walk, via a communal subscription.

DON'T MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION!