Estavayer-le-Lac, Estavayer-le-Lac, Canton of Fribourg

Details:- KREAL Immobilier is pleased to exclusively present this investment property in Estavayer-le-Lac.

Dating from 1750 and nestled in the heart of the old town, this unique building offers a period atmosphere imbued with authenticity.

Consisting of 8 spacious (1x Studio, 4x 2.5 rooms, 2x 3.5 rooms, 1x 5.5 rooms) and bright apartments, as well as 2 commercial arcades, this building offers a unique investment opportunity. Each apartment combines elegance and functionality, offering generous living spaces and modern amenities for the comfort of residents.

The 2 arcades located on the ground floor have just been re-rented under a 5-year long-term lease contract and are currently being renovated.

With its 9 parking spaces, this building also meets the practical needs of its occupants, ensuring optimal accessibility in this picturesque area of the city.

100% rented, it represents a safe and profitable investment, offering stability and return to its owners.

Rental status:

- Current net rental income: CHF 144,288

Income distribution:

- Rental income from housing: CHF 106,488
- Commercial rental income: CHF 33,600
- Rental income from parking spaces: CHF 4,200

It should be noted that this building is classified in grades 2 and 3 in the architectural census of the canton of Fribourg.