House in Novaggio

In the historic center of Novaggio, a charming and picturesque location in the Malcantone, strategically located and well served, we offer a historic house from the epoch on four levels with a total area of approximately 470 m². The house consists of 4 apartments and 2 studio apartments, as well as accessory rooms and a garden, rich in potential and history, ideal for those looking for a property to enhance.

Located in a strategic position and close to all services, public transport, schools, and just a few minutes' drive from Lugano and the Italian border in Ponte Tresa.

This house in the town center, with a view of the main square of the village, is partially renovated and presents a unique solution both for investment with rental income and for the creation of a multi-family residence or a combination of housing and commercial activity.

The building consists of:
GROUND FLOOR: commercial space of about 30 m² with street front: perfect for a small business idea, office or showroom. (Currently rented for 200 CHF per month + expenses), communal garden of about 70/80 m² with accessory room. Portico and inner courtyard, from here you can reach the two cellars of 30 m², ideal for storage, wine cellar or laboratories, from here you can gain 4 cellars of 15 m² each.
Technical room and laundry room, well organized and functional.

Through a characteristic staircase in Ticino granite, you access the upper floors:
ON THE FIRST FLOOR we have a 4-room apartment with kitchen (about 80 m²) in good condition, currently rented for 800 CHF per month (+ expenses), with guaranteed income.
Studio apartment of about 30 m² to be renovated, perfect for residential use, office, or to be integrated into the adjacent apartment.

SECOND FLOOR: 2.5-room apartment (60 m²) in good condition, already rented (600 CHF per month + expenses);
3-room apartment with kitchen and bathroom with bathtub (70 m²) currently in the rough: according to the plans, it can be connected to the last floor to create an elegant duplex.

THIRD FLOOR: 2.5-room apartment completely renovated (65 m²), occupied by the owner.
Further 3 rooms + bathroom to be renovated, which offer the possibility of expanding the existing attic or creating a second independent apartment with a separate entrance.

The structure is solid, typical of Ticino houses in the town center, but the residential units and common areas need further investments to be brought up to the current living standard.
The heating is oil-fired and distributed through radiators.
In some units, there are wooden windows with double glazing, while in the parts to be renovated, the windows need a complete renovation.
Two fireplaces are already present, with the possibility of creating others, partially updated systems.

The property does not have private parking, but just 2 minutes' walk away there is a large communal parking lot that can be used through a communal subscription.

DON'T MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION!
SM/7501