Fully rented multi-family house from 1899 in central Basel

Well-maintained old building from 1899 with preserved character and stable rental income. Five fully rented 3-room apartments. Comprehensive renovations over the last 12 years with an investment volume exceeding CHF 300'000.–.

Apartments

• 5 fully rented 3-room apartments (built 1899)
• Fire protection doors and smoke/fire detectors in all apartments
• Fiber optic connection throughout the house
• Non-smoking property with well-maintained long-term tenants

Income

• Stable annual rental income of approx. CHF 78'500.–
• Attractive gross yield of approx. 4% at asking price of CHF 1'960'000.–
• Rent reserve available for additional income potential

Renovations

• Complete electrical installation (new line, fuses, residual current devices)
• Heating control and hot water boiler
• Investment volume over CHF 300'000.– in the last 12 years

Amenities

• Shared laundry room with professional washer and dryer
• Drying room and bike cellar

Location

• Immediate proximity to University of Basel, University Hospital and Biozentrum
• Public transport and shops (Migros, Coop) within walking distance