Fully let apartment building with commercial property in a central location in Altstätten SG

9450 Altstätten
House with flats • 6.5 room(s) • 174 m² • 4th floor • ref: a005q000001imMmAAI_03EH9
$743,269

Layer

 

The apartment building with two apartments and a commercial building is centrally located in Altstätten. The charming old town with a wide range of cultural and leisure activities as well as various shopping facilities are in the immediate vicinity. Due to its proximity to the train station, the motorway and the border crossing, you benefit from excellent connections to various transport routes. Numerous public parking spaces are available directly in front of the property.

 

 

Building

 

Both the two apartments and the commercial property are rented. In 2018, a gas heating system as good as new was installed and extensive renovation work was carried out in 2019. Among other things, the bathrooms in the apartments on the 1st to 3rd floors were renovated and equipped with completely new floors, walls and sanitary facilities. The kitchens have also been modernised and feature high-quality appliances. In 2021, the commercial space on the ground floor was renovated by the current tenant.

 

 

Housing mix

 

Ground floor: Commercial (42m2)

1st floor: 1.5 room apartment (42m2)

2nd-3rd floor: 5-room maisonette apartment (90m2)

 

 

This properti offer is characterized by the following advantages:

  • Centrical
  • Optimal connection to public transport and proximity to the motorway
  • Extensively renovated in 2019
  • Net rental income CHF 32040.00 p.a.
  • Gross yield approx. 4.6%

 

Interested? Contact us for a no-obligation consultation

 

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Spaces

Rooms6.5
Balconies1

Surfaces

Living174 m²
Total63 m²
Balcony

Altstätten

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TypeHouse
Construction year1920
Renovation year2019