Return of 3.66% – Renovated apartment building with 5 residential units and parking garage
Rooms17.5
Living area470 m²
Object PriceCHF 2,900,000.-
AvailabilityImmediate
Localisation
Chemin De La Chênaie / Tscheneyweg 13, 2504 Biel/BienneCharacteristics
Reference
3bbdceaf-cab9-11f0-89d7-069ae14c7a06
Availability
Immediate
Year of construction
1991
Latest renovations
2019
Rooms
17.5
Number of levels for the real asset
3
Ground surface
550 m²
Living area
470 m²
Volume
2,544 m³
Useful surface
556 m²
Description
Text translated from german, see original.
Original text in german, translate to English.
**Solid investment property with 5 units & large parking hall with 8 parking spaces – ideal for investors**
This well-maintained multi-family house with 5 residential units impresses with a large living space, ongoing investments in maintenance and stable rental income. The property is located in a popular, well-connected location in Biel – within the mixed zone A, which allows both residential and commercial use. The units are fully rented, with attractive rents and high demand potential.
**Layout**
**Ground floor**
2 x Studio apartments of approx. 35.5 and 43 m²
- one with a terrace
Parking hall with 8 parking spaces
- 5 rented, 3 more rentable **1st floor** 2 x 4.5-room apartments of approx. 112 and 157.3 m²
- one with a terrace
- one with a balcony **2nd floor (attic floor)** * 1 x 5.5-room attic apartment
- with a round-the-clock terrace of approx. 180.5 m² **Key features** * **Annual net rental income: CHF 102,600.-** * **Additional revenue potential through external rental of not yet rented parking spaces** * All units have separate entrances – ideal for privacy and flexible use
Fully rented * 2019 – Renovation of kitchens and bathrooms in the studios and 4.5-room apartments
- Partially new surfaces and modernizations throughout the building * 2022 – Complete renovation of the attic apartment (interior fit-out to new-build standard) * Replacement of the heating system with a modern heat pump * Property located in mixed zone A: living and working combined * Attractive mix of apartments – ideal for different target groups (singles, families, professionals) * Well-maintained overall condition – no immediate need for investment
Quiet location with good accessibility to the city center, public transport and infrastructure This multi-family house offers an ideal combination of solid returns, sustainable rentability and good development and equipment standards. Thanks to the flexible use possibilities and the well-maintained condition, the property is ideal for investors looking for a long-term, value-retaining investment property with development potential. **Infrastructure & Quality of life** The property is located in a well-connected and family-friendly neighborhood in the eastern part of Biel. The surroundings offer an excellent combination of urban comfort, proximity to nature and optimal accessibility. **Schools and Educational Institutions**
Especially attractive for families: In the immediate vicinity there are kindergartens, primary schools and secondary schools. All educational institutions are within easy walking distance or can be reached by bike. Vocational schools and further education centers are also well connected. **Shopping Options**
Numerous shopping opportunities for daily needs are available within a short distance. Supermarkets, neighborhood shops, pharmacies and other service providers ensure a high level of supply security. The Biel city center is only a few minutes away for larger purchases or a city stroll. **Public Transport**
Public transport connections are excellent. A nearby bus stop offers regular connections to the city center and to Biel train station, from where regional and national train connections are available – ideal for commuters and frequent travelers. **Motorway Access**
The location is also ideal for motorized individual transport: The A5 motorway is only a few minutes away and offers a direct connection to Bern, Neuchâtel, Solothurn and Zurich. **Leisure and Recreation**
The quality of leisure time is high: In the immediate vicinity there are extensive green areas, walking trails and the Bielersee with a wide range of water sports activities. The Jura hills also offer an attractive recreational area for hiking, cycling or winter sports. Cultural institutions, sports facilities, restaurants and event venues in Biel round off the diverse leisure offer.
- one with a terrace
Parking hall with 8 parking spaces
- 5 rented, 3 more rentable **1st floor** 2 x 4.5-room apartments of approx. 112 and 157.3 m²
- one with a terrace
- one with a balcony **2nd floor (attic floor)** * 1 x 5.5-room attic apartment
- with a round-the-clock terrace of approx. 180.5 m² **Key features** * **Annual net rental income: CHF 102,600.-** * **Additional revenue potential through external rental of not yet rented parking spaces** * All units have separate entrances – ideal for privacy and flexible use
Fully rented * 2019 – Renovation of kitchens and bathrooms in the studios and 4.5-room apartments
- Partially new surfaces and modernizations throughout the building * 2022 – Complete renovation of the attic apartment (interior fit-out to new-build standard) * Replacement of the heating system with a modern heat pump * Property located in mixed zone A: living and working combined * Attractive mix of apartments – ideal for different target groups (singles, families, professionals) * Well-maintained overall condition – no immediate need for investment
Quiet location with good accessibility to the city center, public transport and infrastructure This multi-family house offers an ideal combination of solid returns, sustainable rentability and good development and equipment standards. Thanks to the flexible use possibilities and the well-maintained condition, the property is ideal for investors looking for a long-term, value-retaining investment property with development potential. **Infrastructure & Quality of life** The property is located in a well-connected and family-friendly neighborhood in the eastern part of Biel. The surroundings offer an excellent combination of urban comfort, proximity to nature and optimal accessibility. **Schools and Educational Institutions**
Especially attractive for families: In the immediate vicinity there are kindergartens, primary schools and secondary schools. All educational institutions are within easy walking distance or can be reached by bike. Vocational schools and further education centers are also well connected. **Shopping Options**
Numerous shopping opportunities for daily needs are available within a short distance. Supermarkets, neighborhood shops, pharmacies and other service providers ensure a high level of supply security. The Biel city center is only a few minutes away for larger purchases or a city stroll. **Public Transport**
Public transport connections are excellent. A nearby bus stop offers regular connections to the city center and to Biel train station, from where regional and national train connections are available – ideal for commuters and frequent travelers. **Motorway Access**
The location is also ideal for motorized individual transport: The A5 motorway is only a few minutes away and offers a direct connection to Bern, Neuchâtel, Solothurn and Zurich. **Leisure and Recreation**
The quality of leisure time is high: In the immediate vicinity there are extensive green areas, walking trails and the Bielersee with a wide range of water sports activities. The Jura hills also offer an attractive recreational area for hiking, cycling or winter sports. Cultural institutions, sports facilities, restaurants and event venues in Biel round off the diverse leisure offer.
Conveniences
Neighbourhood
- Child-friendly
Outside conveniences
- Balcony/ies
- Parking
- Garage
Equipment
- Washing machine
- Dryer