Jakobsbad - Multi-family house to buy

Lucrative multi-family house in the Riethüsli quarter

Renovated investment property in St. Gallen-Riethüsli | 5 apartments + commercial space | Target return of around 4.26%Purchase price: CHF 2'950'000Rentable area: approx. 550 m²Apartments: 5Commercial space / studio: 2 unitsTarget net rental income: CHF 125'760 p.a.Target gross return: around 4.26%The 1911-built multi-family house combines historic building substance with modern living comfort. The property is located in the popular St. Gallen quarter of Riethüsli and was comprehensively modernized in 2026. High-quality oak parquet flooring in the living and bedrooms, as well as stone flooring in the kitchens and bathrooms, underline the well-maintained and high-quality construction.6-story building, single-sided with entrance on the rear side.Commercial renovation: 1998Attic apartment renovation: 1998 / 2026Renovations / investments 2026new kitchensnew bathroomsflooring / oak parquetpainting workelectrical workplumbingwindowsheatingpipesSolid masonry, plastered, base floor with sandstone cladding, metalwork in painted sheet metal, gable roof and dormers with tile covering. Courtyard paved with interlocking stones.Features3 x 4.5 room apartment 106 m21 x 2.5 room apartment 71 m21 attic apartment 85 m21 commercial room 35 m2 with separate WC and room in the basement 18 m21 studio or office 23 m2LocationEstablished residential quarter with stable rental demandThe property is located on Teufenerstrasse in the Riethüsli quarter, one of the most sought-after residential areas in the city of St. Gallen. The quarter combines quiet, green residential streets with direct access to the city center - a combination that is constantly in demand in St. Gallen and is reflected in low vacancy rates and short re-rental periods.The access is excellent: The St. Gallen Riethüsli stop of the Appenzeller Bahnen is within walking distance, the main station can be reached in about 5 minutes; the bus line also serves Teufenerstrasse. The A1 motorway junction is about 7 minutes away. Shopping, schools, kindergarten, and local recreation (forest, leisure facility) are within walking distance.The tenant mix in Riethüsli - families, couples, and professionals with a connection to the city - exactly matches the apartment mix of the property (4.5-, 2.5-room, and attic apartment). The target rents are in the market-standard range of the quarter and allow for upward potential in the event of tenant changes. Together with the comprehensive renovation, this results in an investment property with low rental risk and reliable, long-term planning potential.OtherCompletion, rental, and takeoverThe renovation work will be completed at the end of October 2026. The initial rental is already underway and is being managed by the existing administration, PROPERTY Verwaltungen GmbH; two apartments and the commercial space are rented, three apartments and the office are in the rental process. The takeover of the property will take place on January 1, 2027 - the buyer will thus take over a freshly renovated object with ongoing rental contracts and can generate returns from the first day.The tenant register with the target net rents as of January 1, 2027, will be provided upon request. Viewings are possible by arrangement.

Investors take note: Secure attractive returns of up to 5.4%

This charming multi-family house in Urnäsch impresses with classic old-building architecture and a well-maintained appearance. It comprises five residential units: two 3.5-room apartments, two 4.5-room apartments, and a spacious attic apartment. The attractive variety of apartments appeals to a broad rental audience and ensures stable rentability.The property has a solid basic structure and is in good overall condition. It offers ideal prerequisites for investors who want to utilize the existing potential and realize modernizations step by step.A protected outdoor terrace complements the residential offer and is appreciated by the residents. Additionally, six garage boxes, several cellar rooms, a bike parking space, and a laundry and drying room are available.The quiet, rural, and yet well-connected location in Urnäsch ensures a pleasant living quality and a constant demand. Thus, the multi-family house provides a solid basis for a long-term and value-stable capital investment.The following highlights are offered by this property: • 2 × 3.5-room apartments • 2 × 4.5-room apartments • 1 × attic apartment • 6 × garage boxes • Outdoor terrace in a protected area • Bike parking space • Laundry room with separate drying room • Solid basic substance • Development potential for future owners • Cellar rooms If you are interested or would like to arrange a viewing, we are at your disposal at any time. We look forward to your contact.

MFH Stationsstrasse 16

The property at Stationsstrasse 16 has been partially renovated and features nine modern residential units with a balanced mix of 2- to 3-room apartments. Directly adjacent is the property at Stationsweg 4 with eight residential units in a simple construction standard and corresponding modernization potential. According to a feasibility study, a replacement new building with eleven apartments is feasible on this plot, an architecturally and economically attractive further development.St. Gallen is the economic and cultural center of Eastern Switzerland with around 80,000 inhabitants. The city convinces with a high quality of life, a strong economic structure, and a renowned educational offer. The University of St. Gallen (HSG) is internationally recognized as a leader in the fields of economics and law. The main train station in St. Gallen offers regular connections to major Swiss cities as well as to Germany and Austria. Via the A1 highway, Zurich, the Lake Constance region, and Liechtenstein can be reached quickly. Culturally, the city impresses with the UNESCO World Heritage Site, the historic old town with artistic oriel windows, as well as a diverse range of museums, theaters, and events. The combination of economic stability, education, culture, and urban quality of life makes St. Gallen a sought-after investment location.The Bruggen district is located in the west of St. Gallen and is characterized by a quiet residential structure with partially historic buildings and good mixing. The property is just a few minutes' walk from the SBB train station Bruggen, with direct connection to the main train station in St. Gallen. The proximity to the St. Gallen-Winkeln highway exit also enables optimal connection to the A1 highway in the direction of Zurich and Chur.In the immediate vicinity are kindergartens, schools, shopping opportunities (Migros, Denner, pharmacy) as well as sports and recreational areas, ideal for addressing broad tenant layers.

A VERSATILE, CHARMING, RENOVATED APPENZELL-STYLE HOUSE

In the idyllic village center of Bühler (AR), we present a uniqueAppenzell house in the traditional farmhouse style, which has been extensively renovated over the years with great attention to detail. Four attractive residential units as well as two separately accessible, heated storage spaces. The versatile uses makes the property particularly attractive for both investors and owner-occupiers.The apartments include a 3.5-room apartment with a sauna in the basement, a rented 3.5-room apartment on the ground floor, a 4.5-roomapartment on the 1st floor, as well as a spacious 5.5-room duplex apartment on the 2nd floor and attic. Three of the fourapartments have been fitted with modern kitchens and wet areas to a high standard. The building’s distinctive character was deliberately preserved during the renovation. Historic elements such as the rustic plank flooring in the basement or the impressive paneled ceiling in the attic lend the property its special charm.&The living space is complemented by numerousbasement and utility rooms, as well as an attic.The outdoor area is also impressive: an idyllic garden with a cozy seating area and a grill invite you to linger, while several outdoor parking spaces offer additionalconvenience. The location right on the Rotbach next to the historic wooden bridge combines nature-oriented living with an excellent infrastructure. Shopping options, schools, the train station, sports facilities, and other amenities are all within walking distance,walking distance, and the city of St. Gallen is about a 17-minute drive away.This exceptional property combines history, quality of living, and attractive development potential—a rare opportunity in the Appenzell region.https://www.propertyowner.ch/de/immobilien/