Building to renovate - Historic center Montreux - 5 apartments
The full presentation of this property - photo gallery, existing plans, location, and dedicated contacts - is available online at https://impulseproperties.ch/ipr-mtx-2026 - a more comprehensive presentation experience than this ad.Residential building with 5 apartments under renovation, located in the historic center of Montreux, 450 m from the CFF train station and 600 m from Lake Geneva. The building requires significant renovation work to be put into a rental state. Offer intended exclusively for an experienced investor with the financial and technical capacity to carry out a project of this scope. Price upon request.Built in 1862, the building is currently empty and has undergone partial renovation in 2025. The work done so far does not cover the entire scope of the necessary interventions: the buyer must plan a substantial renovation budget to put the property into a rental state that meets current standards. Technical installations, finishes, and compliance with standards - the scope of the remaining work is to be precisely evaluated during the visit and with the support of building professionals. This property is not suitable for a buyer looking for a turnkey or immediately profitable asset.The building, its character, its constraints.The building features preserved old elements - original fireplaces, exposed beams, generous ceiling heights, original staircase - which constitute a real potential for qualitative renovation. It is listed in the cantonal architectural inventory with a note of 4 (winemaker's house and café), a less constraining status than a classified protection, but implying a dialogue with the heritage authorities for any intervention on the envelope or structure.The plot is also subject to the municipal reserve zone of Montreux (regulation approved in April 2022): no new construction is authorized, only interventions on the existing building are possible, and these must be strictly validated with the municipality and the competent cantonal department before any offer is made.What the property includes.5 apartments that are free at the time of key handoverPlot of 636 m²Usable area of 512 m²Built volume of 2,407 m³1 garage + 3 indoor parking spaces4 storage rooms (39 m²)ECA insurance value (building, indexed 2020): CHF 1,987,291.66An address that justifies the investment.Historic center of Montreux: CFF train station 450 m, Lake Geneva 600 m, bus stops 150 m, shops and restaurants within walking distance.For an investor able to carry out the renovation, the location offers solid rental potential in one of the most sought-after cities on the Vaudois Riviera. Lausanne 30 km, Geneva 90 km, Martigny 42 km.A technical visit is strongly recommended before any step.TECHNICAL DATAReference: IPR-MTX-2026Price: Upon request