This investment property is ideally located in the heart of the village of Saxon and offers exceptional potential for investors. Comprising ten apartments, an adjoining barn with workshop and six parking spaces, it also benefits from an authorized construction project for four new apartments with three covered parking spaces.

All apartments are currently let, generating net rental income of CHF 128,000 per annum, giving an attractive yield of 5.02%. The building extends over five levels, with apartments ranging from 2.5 to 4.5 rooms, featuring balconies and terraces that provide comfort and brightness.

Windows were replaced with PVC, the roof and insulation were renovated in 2022, and several apartments were refurbished with paint and modern kitchens. Built in 1960 and 1990, this building combines charm, solidity and modernity.

With its central location, immediate rental income and already validated development project, this property represents a rare opportunity to invest in a building offering both security and future value.

The building is distributed over 4 levels as follows  :

Basement 

• 8 cellars

Ground floor 

• stairwell
• two 2.5-room apartments
• Many terraces

1^er floor 

• Stairwell
• Terrace
• Balconies
• A 3.5-room apartment
• A 4,5-room apartment

2^th floor

• Stairwell
• Balconies
• A 3.5-room apartment
• A 4.5-room apartment

3^th floor 

• Stairwell
• Balconies
• A 3.5-room apartment
• A 4.5-room apartment

Attic : 

• Stairwell
• A 3.5-room apartment
• A 4.5-room apartment

Complete this property:

• 4-apartment project with 3 covered parking spaces, with plan and survey
• 6 outdoor parking spaces
• Attached barn with workshop

Particularities:

• Current net yield per year: CHF 128'000.-
• Yield of 5.02%
• Year of construction 1960 & 1990
• PVC windows changed throughout
• Roof renovation and insulation in 2022
• Renovation of several apartments in 2022 (painting, kitchens)
• Very nice location

Saxon :

At the heart of the Alps, our wonderful village, located in the heart of the rocky Alps massif, in the lush Rhone plain, will show you its most beautiful assets hoping that your visit will not be limited to the one on our site. For many years, the people of Saxon have wanted to open up to the rest of Switzerland, to Europe and to the whole world. www.saxon.ch

Would you like to find out more, or take a tour? Contact me by phone, e-mail or come and meet us (by appointment) in our Martigny agency and we'll be delighted to give you more information. 

Find all our properties at www.valimmobilier.ch