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"Business Opportunity - House with 6 Residential Units in the Heart of Novaggio"

Purchase price
CHF 740,000.–
Notify on price drop
Living space
470 m2

Find the right mortgage for your new home

The advertiser has not provided the exact address.

Location

6986 Novaggio

Costs

Purchase price:
CHF 740,000.–
Notify on price drop

Main information

Available from:
By agreement
Type:
Multi-family house
Surface living:
470 m2
Year built:
1900

Features and furnishings

  • Pets allowed

  • Fireplace

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Description

In the historic center of Novaggio, a charming and picturesque town in the Malcantone region, strategically located and well-served, we offer a historic house on four levels with a total area of approximately 470 sqm, consisting of 4 apartments and 2 studio apartments, as well as accessory rooms and garden, rich in potential and history, ideal for those looking for a property to enhance.

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

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

The building consists of:
GROUND FLOOR: commercial space of about 30 sqm with street frontage: 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 internal courtyard, from here you can access the two cellars of 30 sqm, each ideal for storage, wine cellar, or laboratory, from here you can create 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, there is a 4-room apartment with a kitchen (about 80 sqm) in good condition, currently rented for CHF 800 per month (+ expenses), with guaranteed income.
Studio apartment of about 30 sqm to be renovated, 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 a raw state: according to the plans, it can be united with the last floor to create an elegant duplex.

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

The structure appears solid, typical of Ticino houses in the town center, but the residential units and common areas need further investment to be brought up to current living standards.
Heating is by oil 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 renewal.
Two fireplaces are already present, with the possibility of creating others, partially updated systems.

The property does not have private parking, but a large public car park is available 2 minutes' walk away, which can be used through a municipal subscription.

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

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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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Advertiser

Stabile Amadeus 1Silver Partner
Metropolis MPV Real Estate Sagl
Stabile Amadeus 1
Via Cantonale, 43
6928Manno
Listing ID
4003574861
Object ref.
AFFARE - CASA CON 6 UNITÀ ABITATIVE NEL NUCLEO DI NOVAGGIO.RP-7501-7534
Metropolis MPV Real Estate Sagl
Metropolis MPV Real Estate Sagl
Silver Partner

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