18 room House in Biel

Fully rented, 2016 completely renovated apartment building with a total of 12 units (8 apartments + restaurant & kiosk) in a central location in Biel/Bözingen. Stable rental income, public transport in front of the door and 8 single garages - ideal for long-term oriented investors.Keyfacts

• Year of construction: 1896 - Complete renovation: 2016 (kitchens, bathrooms, floors, electrical, facade, staircase, garages)
• Usage: 8 apartments; ground floor with restaurant and kiosk - fully rented
• Floors: 5
• Areas/Volumes: Net living area approx. 371 m²; plot approx. 430 m²; building volume approx. 2,278 m³
• Heating: Gas, heat distribution via radiators
• Parking: 8 single garages

Finances

• Annual net rent: approx. CHF 155,520 p.a.
• Gross rental income: approx. CHF 174,360 p.a.
• Purchase price: CHF 2,990,000
• Gross return: over 5%

Location & Accessibility

• Address: Bözingenstrasse 164, 2504 Biel/Bienne
• Public transport: Stop opposite; Biel Mett train station approx. 963 m
• Car: Motorway access approx. 1.6 km
• Environment: Shopping within walking distance; urban location with high demand

Macro location Biel/BienneBilingual city with strong watch and microtechnology industry, rapid connections to Bern/Lausanne/Basel, close to Lake Biel, Taubenlochschlucht and Jura.Availability: by arrangement.