"Deal - House with 6 apartments in the center of Novaggio"

In the historic center of Novaggio, a charming and picturesque location in the Malcantone, in a strategic and well-served position, we offer a historic house on four levels with a total area of approximately 470 square meters. The house consists of 4 apartments and 2 studios, as well as accessory rooms and a garden, rich in potential and history, ideal for those looking for a property to enhance.

The location is strategic and 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 of the village, partially renovated, presents a unique solution both for investment with already active 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 square meters, with a street front: perfect for a small business, office, or showroom. (Currently rented for 200 CHF per month + expenses), communal garden of about 70/80 square meters with an accessory room. Portico and internal courtyard, from here you can reach the two cellars of 30 square meters, each ideal for storage, wine cellar, or laboratory, from here you can derive 4 cellars of 15 square meters 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 square meters) in good condition, currently rented for 800 CHF per month (+ expenses), with guaranteed income.
A studio of about 30 square meters to be renovated, perfect for residential use, office, or to be integrated into the adjacent apartment.

SECOND FLOOR: 2.5-room apartment (60 square meters) in good condition, already rented (600 CHF per month + expenses);
3-room apartment with a kitchen and a bathroom with a bathtub (70 square meters) currently in a raw state: 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 square meters), 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 supporting structure is solid, typical of Ticino houses in the town center, but the residential units and common areas need further investments to be brought up to current living standards.
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 renewal.
Two fireplaces are already present, with the possibility of installing others, partially updated systems.

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

DO NOT MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION!
SM/7501