Residential building
CHF 3,050,000.-
CHF 11,338.-/sqm
Bözingenstrasse 164, 2504 Biel
Attractive investment property with 10 apartments & restaurant area
At Bözingenstrasse 164 in Biel/Bienne, a well-maintained, fully let 10-unit apartment building with a 5.09% gross yield is waiting to be sold. The property (built in 1896) was totally renovated in 2018 and impresses with its central location close to public transport, attractive ground floor use with a restaurant and kiosk, and a solid gross yield of 5.09%. Highlights Fully let (100%) – stable income Total renovation 2018: Kitchens, bathrooms, floors, electrical, facade, staircase, garage compartments Gross yield: 5.09% | Annual net rental income approx. CHF 155,520 Price: CHF 3,050,000 | Available: on request Building & Use Apartment building with 10 residential units on 5 floors Ground floor: Restaurant and kiosk Net living space approx. 269 m²; Usable space approx. 101 m² Land area approx. 430 m²; Building volume approx. 2,278 m³ Technical features & condition Gas heating with heat distribution via radiators Very well maintained overall condition thanks to extensive...