Altstätten, St. Gallen 9450

Refurbished investment property in a central location in Altsttten SG This comprehensively modernised apartment building in the heart of the old town of Altsttten SG offers investors a rare opportunity: a fully renovated and sustainably valuable investment property with attractive rental income and additional expansion potential. Property Highlights Annual rental income of CHF 51888. consisting of three fully let units: 4-room apartment: CHF 2, 000/month (gross) 3.5-room apartment with roof terrace: CHF 1, 490/month (gross) Retail store on the ground floor: CHF 825./month (gross) Expansion potential for studio on the ground floor with separate access and existing connections estimated gross rent approx. CHF 900./month. This would increase the annual rental income to 62, 688. Strong return prospects Current gross yield: approx. 4.33% Full occupancy potential (incl. studio): up to 5.22/% gross yield Comprehensive renovation 20242025 New district heating connection with modern heating system New electrics throughout the house High-quality Siemens kitchens New windows (3-fold glazed), doors, ceilings, floors Renovated faade, roof terrace, stairwell and sanitary facilities all according to today's fire protection and safety standards Three modern bathrooms, one per unit, plus a toilet in the commercial part Location & Use Central city centre location in Altsttten SG with the best visibility for the shop Quiet courtyard Spacious basement with plenty of storage space All units developed separately Invest with security With this property, you acquire a real carefree package: the comprehensive renovation reduces the maintenance risk to a minimum and at the same time offers long-term value stability. Whether as a capital investment or for the later own use of individual units, this property meets the highest standards in terms of substance, location and return.