3-family house with mega potential and 6.25% net return!

Hölstein 4434 Hölstein is located in the district of Waldenburg, in the canton of Basel-Landschaft. The population has changed by an average of +0.9% per year to 2,609 inhabitants in the last five years. Property prices have changed by +15.2% in the last five years. Hölstein is conveniently located for public transport on the Waldenburg Railway. The cantonal capital of Liestal can be reached within 12 minutes and Basel in 25 minutes. The A2 Diegten motorway exit is a few minutes away from Hölstein. It leads in the direction of Basel/Germany/France or to Bern/Zurich/Gotthard. Yield object with a lot of potential! This 3-family house is located in the core zone in the middle of the village center, about 50 meters back from the main road. The house needs to be woken up from its hibernation, it is literally begging for a renovation, but the potential in terms of size and location is great! All pictures:
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https://360.feelestate.ch/view/fullscreen/id/VZ7N5 facts about the house The 9 1/2 room house has its own driveway, which is shared with the surrounding neighbors. The building envelope is in good condition, stone masonry, floors/ceilings made of wood except in the basement concrete 2-fold glazed wooden windows oil heating with radiators for heat distribution The house has a full basement and has a beautiful vaulted cellar! 4-5 outdoor space Parking spaces Net living space 211 m2 Gross living space 253 m2 Basement area 55 m2 Screed area 26 m Rental income and yield With the renovated house, rental income of approx. CHF can be generated: 2 x 3 1/2 room apartment at CHF 1,500 each = CHF 3,000 1 x 2 1/2 room apartment at CHF 1,200 5 x parking spaces at CHF 50 each = CHF 250 Total possible rental income: CHF 4'450.- per month CHF 53'400.- per year Possible return Purchase price CHF 499'000.- Investment CHF 355'360.- results in a total of CHF 854'360.- Net return of 6.25 % Click for pictures:
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https://360.feelestate.ch/view/fullscreen/id/VZ7N5 Use of the land The house is located in the core zone: K3
(3 full storeys) Development number: 50% Usage number: free Regulations Core zone:
https://s.hoelstein.ch/media/03/zonenreglement-kernzone.pdf So there is still potential for expansion here! The house has renovation potential! Here is a suggestion from our side, from old to new: Air-source heat pump including disposal of old oil heating system and oil tanks and oil tub approx. CHF 30,000.- Underfloor heating approx. CHF 30,000.- All new floor coverings, parquet or a noble slab floor 200 m2 x approx. CHF 220.- per m2 =
approx. CHF 43'360.- Removal of floors, various walls, ceilings approx. CHF 20'000.- 3 new kitchens approx. CHF 45'000.- 3 new bathrooms approx. CHF 24'000.- All new windows approx. CHF 30'000.- Repainting everything, partly replastering approx. CHF 20'000.- New interior and exterior doors approx. CHF 13'000.- Panelling/wooden floorboards from the ceiling/walls Removing approx. CHF 5'000.- Disposing of the old kitchen and various other furniture approx. CHF 3'000.- Expansion of the attic, Insulate the roof and close and plaster the walls with panels approx. CHF 25,000 Electrics, new electric panel, 3 separate meters, various additions and renovations approx. CHF 30,000 Cellar rooms, especially repaint the boiler room and vestibule, floor with special floor paint approx. CHF 7,000 Unforeseen CHF 30,000
Total approx. CHF 355'360.- Prices can vary greatly depending on the standard of construction! Have we aroused your interest? A visit is always worthwhile! Make an appointment for a viewing on 076 324 15 66 or 079 426 93 92 (Please do not call brokers) Due to our many years of experience, we will be happy to advise and accompany you as real estate specialists in the purchase or sale of your property. Have your property valued free of charge:
https://immoworld-bewertung.ch/ Since your satisfaction is particularly important to us, we thoroughly examine the objects for sale entrusted to us and assess them realistically and transparently address your needs and wishes when selling. Have you also had good experiences with us? Then we would be happy if you would recommend us to others. For every property that you can broker to us and we can sell, we will give you up to CHF 3000.-! Your Immoworldswiss GmbH Thomas and Christine Liptay All information without guarantee and errors excepted!