Multi-family 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 on four levels with a total of approximately 470 sqm, consisting of 4 apartments plus 2 studio apartments and accessory rooms, as well as a garden, rich in potential and history, ideal for those looking for a property to enhance.

Located in a strategic position, 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, partially renovated, offers a unique solution for both investment with already active 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 sqm, with street front: perfect for a small business, office, or showroom. (Currently rented for CHF 200 per month + expenses), communal garden of about 70/80 sqm with accessory room. Portico and inner courtyard, from here the two cellars of 30 sqm each can be reached, each ideal for storage, wine cellar, or laboratory, from here 4 cellars of 15 sqm each can be created.
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, there is a 4-room apartment with kitchen (about 80 sqm) in good condition, currently rented for CHF 800 per month (+ expenses), with guaranteed income.
Single room of about 30 sqm to be renovated, perfect for residential use, office, or to be integrated into the adjacent apartment.

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

THIRD FLOOR: 2.5-room apartment completely renovated (65 sqm), occupied by the owner.
Additional 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 supporting structure presents itself as solid, typical of Ticino town center houses, but the residential units and common areas require further investment to meet current living standards.
Heating is by oil and distributed through radiators.
In some units, there are wooden windows with double glazing, while in the parts to be renovated, the windows require complete renovation.
Two fireplaces are already present, with the possibility of creating others, partially updated systems.

The property does not have private parking spaces, but a large public parking garage is available 2 minutes' walk away, which can be used through a municipal subscription.

DO NOT MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION!