A charming apartment building in the sought-after city center location of Biel is for sale. This well-maintained property offers you an excellent investment opportunity with a total of 16 studios, all of which have their own balcony, as well as a spacious 3-room attic apartment.
This offer is characterized by the following advantages:
- Central location: Benefit from the proximity to shops, public transport and leisure activities.
- Renovations: In the last 4 years, 8 of the studios have been extensively renovated, including new kitchens, electrics, floors and a fresh coat of paint. The other 8 studios are currently unoccupied and in need of renovation. The gas heating was installed in 2013/2014, the main roof was completely renovated in 2019, and in 2016 both the elevator renovation and the sewage line to the city canal were renovated.
- In-house restaurant: An additional gastronomic offer rounds off the portfolio and offers potential for additional income.
Financial aspects: The annual net rental income when all apartments are rented amounts to CHF 189,480.00, which makes this property an attractive investment.
Distribution of the wet rooms:
Each studio and apartment has a bathroom with toilet/shower
The restaurant has a ladies and a men's toilet
Take advantage of this unique opportunity to purchase an apartment building in one of the best locations in Biel.
Interested? Contact us for a non-binding viewing – more pictures
can be found at www.proviva.ch
This offer is characterized by the following advantages:
- Central location: Benefit from the proximity to shops, public transport and leisure activities.
- Renovations: In the last 4 years, 8 of the studios have been extensively renovated, including new kitchens, electrics, floors and a fresh coat of paint. The other 8 studios are currently unoccupied and in need of renovation. The gas heating was installed in 2013/2014, the main roof was completely renovated in 2019, and in 2016 both the elevator renovation and the sewage line to the city canal were renovated.
- In-house restaurant: An additional gastronomic offer rounds off the portfolio and offers potential for additional income.
Financial aspects: The annual net rental income when all apartments are rented amounts to CHF 189,480.00, which makes this property an attractive investment.
Distribution of the wet rooms:
Each studio and apartment has a bathroom with toilet/shower
The restaurant has a ladies and a men's toilet
Take advantage of this unique opportunity to purchase an apartment building in one of the best locations in Biel.
Interested? Contact us for a non-binding viewing – more pictures
can be found at www.proviva.ch
