HIGH-RETURN MULTIFAMILY HOUSE IN TOP LOCATION

This fully let, extensively renovated multi-family house with 19 high-quality, modernized residential units offers a unique investment opportunity in a sought-after location in Biel. Thanks to the comprehensive renovation and the excellent infrastructure, tenants benefit from a high level of living comfort and investors from stable, long-term rental income.

This BETTERHOMES offer stands out for the following advantages:
- Fully let with secure rental income
- attractive net yield of 4.56 % – attractive investment opportunity
- Core renovation including balconies, windows, radiators, electricals & water pipes
- Shopping facilities, schools & public transport in the immediate vicinity
- Investment security in the growing economic region of Biel
- Long-term potential for value appreciation due to central location
- 7× 1- to 1.5-room apartments
- 7× 2-room apartments
- 3× 2.5-room apartments
- 2× 3- to 3.5-room apartments
- and, and, and ...


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More details
Location: central
Condition: well maintained

Bathrooms / Wet rooms: 19 (19 x WC / Lavatory / Bathtub)
Heating system: Radiator/Gas
Public transport: Bus, 15 m / Train, 2.1 km
Schools: Kindergarten / Primary school, 950 m
Shops: Denner / Migros MM, 650 m