Residential building

CHF 1'200'000.-

1920 Martigny

Building with potential in the heart of Martigny

Located in the heart of the town of Martigny, in a pedestrian street, this building benefits from a prestigious environment recently revitalized by the town of Martigny.

Main features:

- Building fully rented with potential for expansion and upgrading.
- Unused attic space offering opportunities for transformation into apartments.
- Adjacent plot with 4 outdoor parking spaces included in the sale price.

Composition of the building:

Basement: Cellars and technical room

Ground floor: Famous café-restaurant + sewing workshop with window

1st floor: Restaurant area with kitchen + Apartment converted into offices for the café-restaurant

2nd floor: 2.5 room apartment + 3.5 room apartment

Attic: Currently 6 unoccupied service rooms, possibility of converting into 2 apartments of 40 m2 and 60 m2 to increase the overall yield of the building.

Annex: 4 outdoor parking spaces currently unrented. Please note that the outdoor parking spaces have never been rented.

Numbers:

Current NET rental income: CHF 50,040.- per year

Projected rental income: Potential of CHF 104,760 per year, following the improvement recommendations, including the rental of outdoor parking spaces.

Key points:

- Minor renovation work can update rents.
- Converting the attic into two apartments will significantly increase the yield.
- The adjacent included plot offers additional rental potential.
- Subsidies of CHF 120,000 for the insulation of the building and for a new pellet boiler

This investment opportunity offers a unique combination of current stable income and strong growth potential.

Do not hesitate to contact us to obtain the complete file containing the plans as well as additional photos, we will be happy to give you more information.

Contact: Kempter Ruben

Further information

Available on request
Reference M-24-481

This property is proposed by

Kempter Immobilier Sàrl
L'Arzillier 45
1302 Vufflens-la-Ville