14 room House in Mendrisio

In the heart of Mendrisio, in a central and convenient location to all major services, we propose for sale a townhouse to renovate, composed of 4 apartments of 3.5 rooms.

The property represents an interesting opportunity both for an investor looking for a real estate enhancement project, and for those who want to build a quality residential building in a strategic location.

Each apartment also has 2 external parking spaces, for a total of 8 parking spaces serving the property.

Economic data
Price required in the current state: CHF 1'100'000
Price required after complete renovation: CHF 2'200'000
Annual income after renovation completed: CHF 88'000
Housing units: 4 apartments of 3.5 rooms
External parking spaces: 8, equal to 2 per apartment
The renovation intervention allows to transform the current building into a modern and attractive residential product, with the possibility of obtaining a total annual income of CHF 88'000 and a significant increase in the value of the property.

An interesting proposal in the center of Mendrisio, characterized by a significant potential for enhancement and a configuration already particularly suited to rental income.

Further information and plans on request