Single family house on sale in Basel - 963 m²
Rare opportunity! Apartment building with 9 apartments and restaurant & bar
Localisation
Elsässerstrasse 83, 4056 BaselCharacteristics
Description
Rare opportunity! Apartment building with 9 apartments and restaurant & bar
If you are looking for a property with 9 apartments and an established restaurant and bar, you will find an apartment building with 963 m² of net living space on 5 floors at Elsässerstrasse 83 in Basel. Built in 1913, the property was renovated in 2017 and presents itself as a continuously maintained and gradually renovated property with a diversified tenant mix of residential and gastronomy.
- 9 apartments and established restaurant and bar business
- Interesting, broad-based earnings profile
- Convincing location, in the middle of the district not far from the Voltaplazt and St. Johann-Park
- The property has been continuously maintained and renewed in stages
- Proven location with a diversified tenant mix of residential and gastronomy
The combination of living and gastronomy creates a versatile starting point with a clear structure. A property with a solid presence and a balanced mix of uses.
Gross yield actual: approx. 3.9% - already solidly leased today
Gross yield TARGET: approx. 4.7% if raised to market rent level
In 2017, a new gas central heating system, as well as partial electrical and sanitary installations, as well as a roof renovation were carried out. In addition, the windows were replaced and the restaurant was renovated.
Have we aroused your interest? Then we look forward to hearing from you without obligation!
Do you own a property yourself that you would like to have appraised? Our valuation is completely free of charge and without obligation for you. Contact us today and start your new home!
Conveniences
Equipment
- Gas supply



























































































































































































































