10 room House in Kriens

In a quiet and yet central location in Kriens, this interesting property on Neuquartierstrasse 5 presents itself as a versatile investment opportunity with a solid foundation and further development potential.The residential building, constructed in 1923, stands on a 234 m² large plot of land and convinces with its existing structure as well as the already achieved rental income. The property comprises several residential units and an additional usage potential in the basement.Currently, the object generates annual rental income of around CHF 65,400.– net, with a gross rent of over CHF 70,000.– per year. The existing rental structure (including shared apartment concept) shows an efficient use of space and at the same time offers further optimization potential.The property is located in the residential zone (W3) and lies in a well-connected quarter of Kriens. Thanks to the existing zoning and location, the new owner has the opportunity to strategically further develop the property or to sustainably increase its value through targeted renovations.The insurance value of the property currently amounts to around CHF 629,447.–, while the cadastral estimate is around CHF 637,800.– – a solid basis for a well-founded investment decision.An object for investors who do not only want to invest in existing properties but also want to actively create added value. The most important highlights at a glance- Attractive rental property with ongoing income· Established shared apartment rental concept· Development potential through optimization or renovation· Central location in the growing municipality of Kriens· Good rentability due to location and structure· No entry of easements or charges· Solid valuation basis (insurance & cadastre)· Interesting for investors & project developers📞 immo otti – Immobilien verstehen. Potenziale erkennen. Werte schaffen. We combine classical real estate consulting with digital solutions and accompany you personally until the successful completion.🚀 With otti ai you have your property in view at all times – data-based, simple and always available.👉 Secure your knowledge advantage now.All information without guarantee.