Description
Located in a prime setting, this charming building, constructed in the 1900s, offers a great investment opportunity for buyers seeking a property with strong appreciation potential.
The building, which is a listed historic structure, has approximately 155 m² of living space, for a total usable area of approximately 290 m² and a volume of 635 m³. It currently consists of 3 apartments in need of renovation, each with its own basement.
Each unit also features a large storage room that requires complete renovation. These spaces offer significant potential to expand the existing apartments and optimize living space, subject to technical feasibility and the necessary permits.
Significant renovation work is required, including bringing the electrical system up to code, repairing the roof, and repainting the facade. The building does not have an elevator, balconies, or private parking spaces.
Building layout:
Basement
- 3 storage units, one private storage unit for each apartment.
Ground floor
- 2.5-room apartment of approximately 60 m², currently rented for CHF 750.- per month
- Small room of approximately 20 m² requiring complete renovation
1st floor
- 2.5-room apartment of approximately 60 m²
- Small room of approximately 20 m² requiring complete renovation
2nd floor
- 1.5-room apartment of approximately 24 m²
- Small room of approximately 17 m² requiring complete renovation
Renovation required:
- Bringing the electrical system up to code
- Roof repairs required
- Painting the exterior facade
- Replacing windows with double-pane units
- Possibility to expand and renovate the apartments using the storage areas, subject to obtaining the necessary permits
Features:
- One of the apartments is already rented
- 3 existing apartments
- Approximately 155 m² of living space
- Approximately 290 m² of usable floor area
- Volume of 635 m³
- 3 cellars
- Large storage rooms adjoining the apartments
- Potential to expand the living spaces
- Attractive rental yield potential
- Strong appreciation potential after renovation
Martigny:
A hub for travel, encounters, history, and culture, Martigny is a “great” little town on a human scale, situated at an elevation of 475 meters. Sion Airport, the Rhône Expressway, and the Simplon Railway Line provide quick and easy access to major neighboring urban centers. The proximity to ski resorts in winter and hiking trails in summer, as well as Lake Geneva, further enriches the city’s range of recreational activities. Welcome! https://www.martigny.ch