Amsteg - Multi-family house to buy

4-Family House near Erstfeld Train Station – Fully Rented, Modernized in 2021 | Bidding Procedure

Advertisement descriptionAttractive rental property with four fully rented 4.5-room apartments and optimization potential in a central, train-station-near location in Erstfeld. The property on Gotthardstrasse 66 combines ongoing rental income with a solid building substance, comprehensive modernizations, and an excellent connection to the Gotthard axis.The 1920 massive construction multi-family house comprises four 4.5-room apartments with a total living area of around 335 m². All units are rented without a fixed term. The current net rent is CHF 52,800.– per year; including ancillary costs, the gross rental income is CHF 60,000.– per year. Thus, the property offers an immediately running income basis with additional potential for future optimization of rents.In 2021, the property was comprehensively modernized. All apartments were refreshed, all kitchens were renewed, and the risers were replaced. The electrical installations were also modernized. The facade was continuously maintained. Additionally, a new hot water boiler was installed in 2024. The central oil heating system from 2006 is regularly maintained.The four apartments are distributed over the ground floor, the first and second upper floors, and the attic: • Ground floor: 4.5-room apartment with approx. 74.5 m² • 1st upper floor: 4.5-room apartment with approx. 83.4 m² and balcony • 2nd upper floor: 4.5-room apartment with approx. 83.4 m² and balcony • Attic: 4.5-room apartment with approx. 83.4 m² and attic loggia Each apartment has its own basement compartment. The laundry rooms are decentrally assigned to the individual units. An additional storage room complements the room offer in the house.Particularly attractive is the location just a few meters from Erstfeld train station. Train and bus connections, shopping facilities, services, and connections to the A2 are within short distance. Erstfeld offers a central residential location in the Urner Reusstal with good accessibility to Altdorf, Lucerne, Ticino, and the Gotthard region. Andermatt with its summer and winter offer is also easily accessible.The property is being sold as part of a concealed, two-stage bidding procedure. As a guide, an initial bid of CHF 1,090,000.– is suggested. The first round of bids ends on Wednesday, October 28, 2026, at 6:00 PM. Selected interested parties will then have the opportunity to submit a revised offer in a second and final round ("Best and Final Offer").Viewings will be coordinated and carried out after registration. A comprehensive exposé and information on the bidding procedure will be provided to seriously interested buyers upon request.Key points • Four fully rented 4.5-room apartments • Approx. 335 m² total living area on five floors • Current net rental income of CHF 52,800.– per year • Gross rental income of CHF 60,000.– per year including ancillary costs • Potential for optimization of rental income • Comprehensive modernization of apartments, kitchens, and risers in 2021 • New hot water boiler from 2024 • Centrally located, train-station-near location in Erstfeld • Sale in a transparently structured, two-stage bidding procedure 📌 Contact Propensum / Oscar Narciandi Vidal 📍 Luzernstrasse 30, CH-6275 Ballwil 📞 +41 79 954 11 16 ✉️ verkauf@propensum.ch

INVESTMENT WITH YIELD AND PERSPECTIVE

This well-maintained multi-family house in Erstfeld offers a lot of potential for investors, multi-generational living, or living and working under one roof. Three bright 4.5-room apartments with practical floor plans, built-in closets, and balconies/loggias with mountain views are rented out. The commercial space can be reduced - approval for an additional 4.5-room maisonette is available. Renovations in 2016/2020/2022, new heating, electrical, and windows in 2021. Central location in the core zone, train station within walking distance. This BETTERHOMES offer has the following advantages:- Multi-family house with three 4.5-room apartments and commercial space- the commercial space can be reduced and a 4.5-room maisonette can be realized instead, approval available- renovation of apartments and commercial space in 2016, 2020, and 2022- new heating, electrical installations, and windows in 2021- great, practical layout of the apartments, all apartments are rented out, except for the maisonette and commercial space- built-in closets in the hallway with plenty of storage space- washing machine and dryer in the shared laundry room- balconies or loggias of the apartments with mountain views- central location in the core zone, fully developed- train station within walking distance- and, and, and ...Interested? Contact us for a non-binding viewing, also online viewing possible!Didn't find what you're looking for? Over 2,000 more offers at: www.betterhomes.ch - the real estate fair mediatorWant to market your own property?Benefit from our know-how: https://www.betterhomes.ch/de/profitierenDo you want to have a property valued?Find out its value now with our free valuation, immediately and non-binding!https://www.betterhomes.ch/de/knowledge/estimationMore detailsLocation: very central Condition: like new, renovated Bathrooms / wet cells: 4 (3 x shower / sink / toilet, 1 x sink / toilet) Heating system: oil / radiators Public transport: train, 10 m Schools: kindergarten / primary school / secondary school, 400 mShops: Denner / post office, 100 m / Migros / Coop, 400 m