13.5 room Multi-family house in Erstfeld

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Attractive rental property with four fully rented 4.5-room apartments and optimization potential in a central, train-station-near location in Erstfeld. The property on Gotthardstrasse 66 combines ongoing rental income with a solid building substance, comprehensive modernizations, and an excellent connection to the Gotthard axis.

The 1920 massive construction multi-family house includes four 4.5-room apartments with a total living area of around 335 m². All units are rented without a fixed term. The current net rent is CHF 52,800.– per year; including ancillary costs, the gross rental income is CHF 60,000.– per year. Thus, the property offers an immediately running income basis with additional potential for future optimization of rents.

In 2021, the property was comprehensively modernized. All apartments were refreshed, all kitchens were renewed, and the risers were replaced. The electrical installations were also modernized. The facade was continuously maintained. In addition, a new hot water boiler was installed in 2024. The central oil heating system from 2006 is regularly maintained.

The four apartments are distributed over the ground floor, the first and second upper floors, and the attic:

• Ground floor: 4.5-room apartment with approx. 74.5 m²
• 1st floor: 4.5-room apartment with approx. 83.4 m² and balcony
• 2nd floor: 4.5-room apartment with approx. 83.4 m² and balcony
• Attic: 4.5-room apartment with approx. 83.4 m² and attic loggia

Each apartment has its own basement compartment assigned. The laundry rooms are decentrally assigned to the individual units. An additional storage room complements the space offer in the house.

Particularly attractive is the location just a few meters from Erstfeld train station. Train and bus connections, shopping facilities, services, and connections to the A2 are within short distance. Erstfeld offers a central residential location in the Urner Reusstal with good accessibility to Altdorf, Lucerne, Ticino, and the Gotthard region. Andermatt with its summer and winter offer is also easily accessible.

The property is being sold as part of a sealed, two-stage bidding procedure. As a guide, an initial bid of CHF 1,090,000.– is suggested. The first round of bids ends on Wednesday, October 28, 2026, at 6:00 PM. Selected interested parties will then have the opportunity to submit a revised offer in a second and final round ("Best and Final Offer").

Viewings will be coordinated and carried out after registration. A comprehensive exposé and information on the bidding procedure will be provided to seriously interested buyers upon request.

Key points

• Four fully rented 4.5-room apartments
• Approx. 335 m² total living area on five floors
• Current net rental income of CHF 52,800.– per year
• Gross rental income of CHF 60,000.– per year including ancillary costs
• Potential for optimization of rental income
• Comprehensive modernization of apartments, kitchens, and risers in 2021
• New hot water boiler from 2024
• Centrally located, train-station-near location in Erstfeld
• Sale in a transparently structured, two-stage bidding procedure

📌 Contact propensum / Oscar Narciandi Vidal 📍 Luzernstrasse 30, CH‑6275 Ballwil 📞 +41 79 954 11 16 ✉️ verkauf@propensum.ch