In the village center at Zugerstrasse 70 in Unterägeri ZG, this multi-family house with 6 residential units is located in an excellent position. This highly attractive investment property offers great potential for investors. Currently, all apartments are rented out, and thanks to the flexible usage options, the property is suitable both for rental as a yield property and for further development and creation of new residential units as part of a comprehensive renovation.

The building dates from 1949 and has been continuously renovated and developed. The multi-family house is completely basement and houses the technical installations. The building volume totals 1757 m³; the building insurance replacement value was estimated at CHF 1,641,054 as of 23.12.2022.

The total living space amounts to approximately 383 m² and the property is 936 m². According to the zoning plan, the property is located in residential zone 3 with a floor area ratio of 0.47. The exact development reserve must be checked separately in terms of building law; however, there is generally development and expansion potential within the scope of applicable zoning regulations.

The property currently has an oil heating system, whose technical lifespan is nearing its end. For future heat supply, a contractually regulated successor solution already exists with the municipality and the Unterägeri corporation. The property will be connected to the Unterägeri district heating network in the future and supplied with sustainably produced heat from the regional wood chip heating system.

Listing of residential units / floors:

BG: - Ancillary rooms / Basement 86 m²
- Garage 78 m²

GF: - 1-room apartment 22 m²
- 4-room apartment 85 m²
- Ancillary rooms / common areas (stairwell) 16 m²

1st FL: - 1-room apartment 22 m²
- 4.5-room apartment 85 m² with balcony 9 m²
- Ancillary rooms / common areas (stairwell) 15 m²

2nd FL: - 5.5-room apartment 110 m² with balcony 9 m²
- Ancillary rooms / common areas (stairwell) 8 m²

3rd FL: - 4-room apartment 79 m² with balcony 16 m²
- Ancillary rooms / common areas (stairwell + attic) 15 m²

This property offering stands out through:

• Attractive and central location with good accessibility
• Popular and sought-after location in a well-maintained residential environment
• Well-maintained overall condition
• Partially renovated and modernized in 2018
• Multiple residential units with versatile usage options
• Solid yield potential for capital investors
• Current target income of CHF 188,054 p.a., net income of CHF 104,688 p.a.
• Option for rental as an existing property
• Development potential as part of a comprehensive renovation
• 10x outdoor parking spaces
• 2x single garage and 1x double garage

Interested? Contact us for a non-binding consultation