Well-maintained multi-family house in central Basel location: This fully let period building from 1899 impresses with its well-kept character, continuously renewed and generating stable rental income. Five 3-bedroom apartments are completely let; the house has undergone comprehensive renovation over the last 12 years, including the complete electrical installation (new line, all circuit breakers, RCD protection switches), heating control system and hot water tank. With an investment volume of over CHF 300,000 during this period, the property offers investors a solid, low-maintenance basis for capital investment.

The location leaves nothing to be desired: University of Basel, University Hospital and Biocenter are in immediate proximity, public transport and shopping facilities such as Migros and Coop are within walking distance. The tenant community benefits from a shared laundry room with professional washing machine and dryer, a drying room and a bike storage cellar for added comfort.

This income-generating property is characterized by:

• Fully let multi-family house with 5 × 3-bedroom apartments (built 1899)
• Stable annual rental income of approximately CHF 78,500
• Attractive gross return of approximately 4% at the asking price of CHF 1,960,000
• Comprehensively renovated: complete electrical installation, heating control system and boiler
• Investment volume of over CHF 300,000 in the last 12 years
• Fire doors and smoke and fire detectors in all apartments
• Fiber optic connection throughout the building
• Shared laundry room with drying room and bike storage
• Prime location near University, University Hospital and Biocenter
• Non-smoking property with well-maintained, long-term tenant base
• Rental reserve available – additional income potential

Interested in this attractive capital investment? Contact us for further information and a non-binding viewing